Gas injection: Cheap reserves adds
Includes net pay map over competitor lands
More and more companies are adding reserves cheaply by injecting gas. This operator is injecting sweet residue gas and hoping to add 7% more reserves by doing so. This injection is far below minimum miscibility pressure -- the pool pressure is only 20% of virgin.
And he included net pay mapping over his competitor's lands. If I was his competitor, I would use this information to determine whether I should sell my lands to him or try to buy his acreage.
Check out his plans and mapping. Download his submission documents from our self-serve portal.
Get details of this cool tech Subscribers get them for freeEach AER application contains your neighbor's perspective on the exploitation of oil and gas formations. Applications contain more technical data even than SPE papers.
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Tags: Gas Injection, Flood, Exploration, Acquisitions
Granger Low 18 Jan 2016

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Calgary, Alberta, Canada
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