All Days 2010
DOI: 10.2118/136034-ms
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Extending the Smart Fields Concept to Enhanced Oil Recovery

Abstract: During the last several years Shell and its affiliates have initiated a significant number of Enhanced Oil Recovery projects covering chemical, thermal and miscible flooding applications in a variety of geological and hydrocarbon settings.Key in de-risking and sanctioning these projects is a far more detailed understanding of the fundamentals in rock and fluids physics and chemistry that have an overriding impact on the ultimate recovery and project economics. This required a significant upgrade of the experim… Show more

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Cited by 6 publications
(5 citation statements)
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References 23 publications
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“…Economical Value -too theoretical Perhaps a more correct, but also more theoretical approach would be to optimize on asset economical value [8]. This would take into account a slightly simplified version of the short-term financial approach, and augment it by placing the financial returns and expected returns in the context of the long term, and comparing the time value of money in real terms by applying a Nett Present Value of expected cash flows.…”
Section: Financial Value -Impractical and Too Complexmentioning
confidence: 99%
See 1 more Smart Citation
“…Economical Value -too theoretical Perhaps a more correct, but also more theoretical approach would be to optimize on asset economical value [8]. This would take into account a slightly simplified version of the short-term financial approach, and augment it by placing the financial returns and expected returns in the context of the long term, and comparing the time value of money in real terms by applying a Nett Present Value of expected cash flows.…”
Section: Financial Value -Impractical and Too Complexmentioning
confidence: 99%
“…A combination of the above applications is required to successfully and optimally manage an EOR asset [8].…”
Section: Figure 11 Difference Between Continuous and Manual Optimizatmentioning
confidence: 99%
“…Perhaps a more correct, but also more theoretical approach would be to optimize on asset economical value [8]. This would take into account a slightly simplified version of the short-term financial approach, and augment it by placing the financial returns and expected returns in the context of the long term, and comparing the time value of money in real terms by applying a Nett Present Value of expected cash flow and assets.…”
Section: Economical -Too Theoreticalmentioning
confidence: 99%
“…A combination of the above applications is required to successfully and optimally manage an EOR asset [8]. A combination of the above applications is required to successfully and optimally manage an EOR asset [8].…”
Section: Figure 10mentioning
confidence: 99%
“…Most papers on CLRM investigated the application of particular model calibration and optimization approaches for water-flooding operations (e.g., Aitokhuehi and Durlofsky (2005); Chen et al (2009)). CLRM has also been applied to SAGD operations (Regtien, 2010), and for the management of geological carbon storage operations (Cameron and Durlofsky, 2014). It's worth mentioning that Jansen et al (2005Jansen et al ( , 2009 envisioned the use of optimal position of sidetracks or infill wells in closed-loop optimization, which is now performed in CLFD.…”
Section: Introductionmentioning
confidence: 99%