DOE SEEKS TO HIKE RECOVERY IN SPECIFIC OIL RESERVOIRS

The Department of Energy is seeking proposals for demonstration projects on ways to better produce oil from U.S. shallow shelf carbonate reservoirs. About 400 such oil fields in the U.S. hold almost 50 billion bbl of oil remaining in place, of which only about 4 billion will be produced under current methods. DOE estimates that better secondary and tertiary recovery processes could nearly triple recovery to 11.5 billion bbl.

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