Tag: oil recovery
New, better method to boost oil recovery discovered by University of Houston
A new nanotechnology discovered by U of H achieves 15% tertiary oil recovery at lower cost, with lower volume of chemicals needed As oil producers struggle to adapt to lower prices, getting as much oil as possible out of every well has become even more important, despite concerns from nearby residents that some chemicals used to boost […]
United States now holds more oil reserves than Saudi Arabia – study
Global cars could double from 1 billion to 2 billion cars over next 30 years By Per Magnus Nysveen, head of analysis, Rystad Energy A new independent estimate of world oil reserves has been released by Rystad Energy, showing that the US now holds more recoverable oil reserves than both Saudi Arabia and Russia. For the US, more […]
Wind-powered enhanced oil recovery in North Sea gets green light
Wind-powered water injection is a commercially competitive alternative when host platform capacity is limited or injection wells are far away HOUSTON, Texas – A North Sea project has demonstrated that wind-powered water injection is both technically and financially feasible, say the proponents, which included oil giants Exxon Mobil and Statoil. The DNV GL-led WIN WIN(Wind Powered […]
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