Shell’s interest in enhanced oil recovery grows

11/20/2006
As easy oil becomes more difficult to find and produce, Royal Dutch Shell PLC sees enhanced oil recovery (EOR) contributing more to the world’s growing energy needs.Primary and secondary production methods leave about two thirds of oil in the ground, said John Barry, vice-president for unconventionals and EOR for Shell, in a recent webcast. EOR methods could produce some of this oil.Barry estimated that the world’s existing oil fields might produce more than 500 billion bbl of oil with EOR methods that recover an additional 10% of the original oil in place.Barry said Shell has more than 30 years of experiences in EOR processes that include: Reducing the viscosity contrast betw...
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