TEXACO, REPSOL EYE BIG CO2 FLOOD IN ECUADOR

Texaco Inc. and Spain's Repsol SA have proposed a major carbon dioxide flood in Ecuador's two biggest oil fields in a project that ultimately could cost $1.1 billion. Petroleos del Ecuador (Petroecuador) is considering the proposal and has let contract to France's Institut Francais du Petrole for a technical assessment of the proposed project. It is not certain whether this would be Ecuador's first commercial enhanced oil recovery project. Oil & Gas Journal's biennial EOR

Jun 4th, 1990
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