Feasibility study of heavy oil field


KÖK M. V. , VARDAR ACAR C.

ENERGY SOURCES PART A-RECOVERY UTILIZATION AND ENVIRONMENTAL EFFECTS, vol.30, no.3, pp.189-199, 2008 (Journal Indexed in SCI) identifier identifier

  • Publication Type: Article / Article
  • Volume: 30 Issue: 3
  • Publication Date: 2008
  • Doi Number: 10.1080/15567030601100621
  • Title of Journal : ENERGY SOURCES PART A-RECOVERY UTILIZATION AND ENVIRONMENTAL EFFECTS
  • Page Numbers: pp.189-199

Abstract

In this study, application of different enhanced tertiary oil recovery methods were applied considering fluid properties and reservoir characteristics of the heavy oil field. Effect of different oil and inflation rates were analyzed considering project economic life, pay out time, cash flow, and profit to investment ratio for steam flooding and CO2 methods. CO2 injection is found to be more profitable than the steam injection due to the high cost of steam injection operations and reservoir depth.