Offshore staff
HOUSTON – Hunting and Titan Oil Recovery have agreed to collaborate on enhancing production on late field life.
The agreement allows Hunting to add Titan’s Organic Oil Recovery (OOR) technique to its TEK-Hub product offering.
OOR involves stimulating the growth of certain species of indigenous microbes within producing reservoirs to reduce the physical size of trapped oil droplets.
This is said to greatly enhance production rates at much lower cost than of alternate EOR technologies.
Titan Chairman Ken Gerbino said the goals were to maximize economic recovery from aging oil producing facilities offshore the UK, Norway, and elsewhere.
Bruce Ferguson, managing director of Hunting’s Europe & Africa division, added: “In the UK, we are committed to the agenda set out by the OGA [Oil & Gas Authority] to ensure maximized economic recovery from the North Sea…
“On the evidence of a 94% success rate [for OOR] on 48 commercial fields in the US, Canada, Australia, and Indonesia, we are convinced that this technology can provide a low cost highly effective alternate to mainstream polymer and low saline-based EOR options.”
There have been more than 300 production well implementations of OOR to date, with various SPE papers citing oil production increases in the range of 25-700%, and costs per incremental barrel of less than $6, Hunting claims, with no topsides modifications required for offshore implementation.
03/27/2018
