Saudi Aramco is already using nanotechnology to measure water-oil interfaces in waterfloods and with EOR surfactants.
Natural gas is targeted for domestic production while heavy oil could maintain or increase Venezuela's output for exports.
Beware of analogous fields – testing in a New Mexico field indicated that one field would not perform as well as its neighbors.
Chevron-led consortium to acquire 40% interest in Orinoco Belt heavy oil project.