Cogdell Unit CO2 flood yields positive results

04/12/2004
Occidental Permian Ltd., since acquiring Altura Energy Ltd.'s Permian basin properties in 2000, has become the largest operator of CO2 floods for enhancing oil production. Tom Menges, president and general manager of Oxy Permian, sees CO2 flooding as a way to add to Oxy's reserve base by extending the producing life of mature Permian basin waterfloods by 20-25 years. He said Oxy's strategy has been to initiate about one CO2 flood every year. In late 2001, the company started CO2 injection in the Cogdell Unit, and in 2002 injection started in the North Hobbs Unit. Oxy next will start a new CO2 flood in the Levelland field and expand the North Dollarhide CO2 flood. Menges said t...
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