The shale revolution may have led to a surge of domestic production from unconventional reservoirs, but Omer Gurpinar, technical director of EOR for Schlumberger Ltd. (NYSE: SLB), sees the need for a new transformation in oil and gas.
Pointing to an estimated average 7% recovery factor with hydraulic fracturing for unconventional reservoirs, Gurpinar spoke with Hart Energy about how bringing EOR methods to unconventionals is crucial for the industry.
“For unconventionals, EOR is a must; it’s not a luxury. We have to do it,” he said.
Gurpinar views the implementation of EOR methods in unconventional production as a “promising challenge.” The topic is already gaining attention from those interested in EOR research in shale plays.
“Basically, the momentum for increasing recovery factors for unconventionals are so high that I’m expecting there could be even new EOR schemes being created and being implemented,” he said.
If EOR efforts in unconventionals continue to grow, Gurpinar said additional technologies could be made available which would make projects much more economical.
Recommended Reading
Dallas Fed: Low Natgas Prices Force Permian E&Ps to Curtail Output
2024-09-25 - Falling oil prices, recession fears and the U.S. election cycle are weighing on an increasingly pessimistic energy industry, according to a new survey of oil and gas executives by the Federal Reserve Bank of Dallas.
Diamondback Touts Land, Cheap Gas to Lure Data Centers to Permian
2024-11-05 - With 65,000 land acres, cheap natural gas and an abundant produced water supply, Diamondback wants to lure power-hungry data centers to West Texas.
CEO: Coterra Drops Last Marcellus Rig, May Halt Completions
2024-09-12 - Coterra halted Marcellus Shale drilling activity and may stop completions as Appalachia waits for stronger natural gas prices, CEO Tom Jorden said at an industry conference.
'A Renewed Look': Central Basin Platform's Old Rock Gains New Interest
2024-10-29 - As majors prune their portfolios to sell non-core assets, M&A activity is heating up on the Permian’s Central Basin Platform and Northwest Shelf—and Ring Energy hopes to be a buyer.
Harold Hamm: ‘Drill, Baby, Drill’ Faces Geology Barriers, Even Under Trump
2024-11-18 - Harold Hamm, Continental Resources founder and major Trump donor, says the U.S. faces real barriers to expanding production growth—even with Republicans controlling D.C.—as major shale basins mature.
Comments
Add new comment
This conversation is moderated according to Hart Energy community rules. Please read the rules before joining the discussion. If you’re experiencing any technical problems, please contact our customer care team.