Derek, Ivanhoe complete Phase 1 of LAK Ranch, Wyo., EOR project

By OGJ editors

HOUSTON, July 12 -- Ivanhoe Energy (USA) Inc. and Derek Oil & Gas Corp., both of Vancouver, BC, in late May completed Phase 1 of a steam injection test at LAK Ranch enhanced oil recovery project in Wyoming using the horizontal production well, Derek 1-P.

Oil cuts are improving as anticipated, reported operator Ivanhoe, with high quality 19° gravity oil containing high levels of naphtha. A second steam cycle is to begin in late July, using steam e from five vertical injection holes.

A 3D seismic survey is slated for the last quarter after which Ivanhoe will drill additional delineation wells.

The development program will include additional horizontal producing wells, new steam injection facilities, and the extension of surface facilities. Ivanhoe expects the initial development to grow to more than 20 producing wells and produce volumes exceeding 4,500 b/d.

Two independent engineering reports confirmed the potential for at least 100 million bbl of OOIP at LAK Ranch, Ivanhoe said.

Related Articles

Cenovus gets AER approval for Grand Rapids oil sands project

03/21/2014 Cenovus Energy Inc. reported that it has received approval from the Alberta Energy Regulator (AER) for its wholly owned Grand Rapids thermal oil sa...

Mexican official vows careful energy regulation, transparency

02/24/2014 Mexico's government realizes it's crucial to establish competitive contract terms and effective, transparent regulations to attract international i...

California enacts interim emergency rules for well stimulation treatments

02/01/2014 Since 2010, more than 20 states have adopted new laws or regulations specific to hydraulic fracturing, a technology that, along with horizontal dri...

Imperial Oil files applications for Aspen oil sands project

12/19/2013 Imperial Oil Limited, Calgary, has filed regulatory applications for a new oil sands project that would have three phases of 45,000 b/d each and us...

Careers at TOTAL

Careers at TOTAL - Videos

More than 600 job openings are now online, watch videos and learn more!


Click Here to Watch

Other Oil & Gas Industry Jobs

Search More Job Listings >>
Stay Connected