A unique, proprietary, and proven remote sensing technology that locates oil & gas currently in place to quickly and accurately evaluate the potential of
oil & gas recovery projects.
No other remote sensing technology we know of can match its capabilities to locate oil and gas in real time, eliminate drilling dry holes and very low
producers, determine which wells are good candidates for recompletion, and serve as an effective tool for infill drilling and waterflood design and management.
RAM Biochemicals takes a Systematic Approach to
MEOR project Development
Systematic
Approach Presentation
Key decision points are identified at
critical steps throughout the project
development process. This enables stakeholders
[oil companies, producers and
investors] to make informed go /
no-go decisions before proceeding to
the next step. This capability
reduces uncertainty and minimizes risk
keeping MEOR project costs low while helping ensure
the project's technical and economic
viability. It is worth noting that the
majority of commercial MEOR companies
have adopted a similar tact with regard to implementing their
respective MEOR technologies.
The ultimate goal of
any EOR / MEOR project should be to
economically produce a significant
volume of stranded oil with minimal
environmental impact. Some EOR
techniques, notably miscible gas and ASP
floods, are capable of producing a large
volume of stranded oil. However,
infrastructure and daily operational
costs for these EOR techniques is
relatively high, bringing their economic
viability into question.
Oil companies,
producers and investors with mature
fields who are truly interested in
sustainable, long-term increases in
production of 30% and more should
investigate MEOR using a systematic
approach to project development.
Multiple tax
advantages at the local,
state and Federal level may be
applicable to qualified enhanced
recovery projects. This creates
additional incentives for independent
and major oil producers to consider a
lease management approach the includes
proven Microbial EOR products and
technologies.
RAM
Biochemicals strives to follow
in the footsteps of the early
pioneers in MEOR and establish
a new benchmark
in microbial enhanced oil
recovery.
Primary oil recovery will net 10-15%
of the original oil in place (OOIP) by
natural reservoir drive. Secondary
recovery by waterflooding without
chemicals will net an additional
± 15-20%;
meaning 60-70% of the original oil
remains in the reservoir.
Microbial enhancd waterflooding
has demonstrated the ability to
economically boost oil recovery
an additional 25% and more.
|
