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12 March 2002 U.S. to Study Ways of Recovering "Left Behind" OilNew technologies will unlock vast reserves left after drilling The U.S Department of Energy (DOE) has given three new research grants for recovering thousands of millions of barrels of oil that remain trapped underground after conventional drilling operations. According to DOE, nearly two-thirds of all the oil discovered in the United States -- approximately 200,000 million barrels -- are still unrecovered, often locked tightly within tiny rock pores. Under these DOE grants, three of the nation's top petroleum universities will explore different technologies for unlocking and recovering these oil reserves. The schools are Louisiana State University, Oklahoma University, and the University of Houston. Note that in the text "billion" equals one thousand million. Following is the text of a DOE March 12 press release: Department of Energy Fossil Energy Techline March 12, 2002 New Projects to Study Ways to Recover Vast Quantities of "Left Behind" Oil Tulsa, OK -- Nearly two out of every three barrels of oil discovered in the United States remain trapped underground after conventional recovery operations. This staggering amount of remaining oil -- approximately 200 billion barrels -- can be one of America's best hopes for greater energy security if new technologies can be developed to recover it. Often, however, the "left behind" oil is in regions of the reservoir that are difficult to access and the oil is held tightly in place within tiny rock pores by capillary pressures that resist many traditional oil production practices. Now, as part of its program to develop ways to free this unrecovered oil, the Department of Energy's Fossil Energy research program is adding three new projects to be carried out by three of the nation's top petroleum engineering universities:
As with much of the Department's oil technology program, these enhanced recovery projects are aimed at assisting the smaller independent U.S. oil producers who conduct virtually no research on their own. Most of the unrecovered oil in the U.S. resides in fields operated by independent producers. Today, small independent businesses account for more than 50 percent of domestic petroleum production in the lower 48 states. Most are facing increasing economic and technical difficulties associated with harder-to-recover resources. They rely on the partnership with the Department of Energy and its research-and-development network to develop novel approaches and improved methods to enhance oil recovery. The Department's Oil Technology Program support advanced "reservoir efficiency processes" that offer novel approaches to complex challenges confronting U.S. producers. As our domestic oil resources continued to be depleted, the applications of the methods and processes developed from this program will become more crucial. end text |
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