Enhanced Oil Recovery (EOR) scheme management

Expanding industries require more capital than static ones. The petroleum industry is both rapidly growing, and highly technological. EOR processes typically employ a large amount of capital investment and operating expense, while having low incremental production over a long period of time. It´s important that a continuously revised procedure be adhered to for EOR evaluation to ensure that all factors affecting EOR are appropriately identified and managed to support investment decisions, and improve the output of EOR processes. This paper discusses how to tackle the factors that tackling EOR development and production, to help take the right decision, optimize the output, and furnish the basis for a procedure file for the oil industry.