Bringing greenfields into development always attracts the attention of management, technology partners and news agencies. For example, today much attention is paid to a popular issue of Bazhenov formation deposits development. Meanwhile, geologists and engineers dedicate most of their time to the fields with a high water cut and major remaining oil reserves. Enhanced oil recovery at such brownfields will allow Russia to tap the potential of maintaining oil production rates.
We are going to draw universal attention to issues of remaining oil in place recovery and application of technologies. It has repeatedly been said that Russian fields, characterized by an oil recovery ratio of less than 40%, cannot achieve this rate in practice. At the workshop, we are planning to discuss recovery enhancement best practices and case studies. Remaining reserves have a great potential: about 75% of them are technically recoverable but unprofitable. It is necessary to direct the efforts to find a solution to this problem, which can ensure a significant increase in recoverable reserves on the current basis, in regions characterized by extensive infrastructure and operating companies' presence.
We are also planning to identify the gap between companies' business plans and technical limits; what can reduce this gap - oil recovery enhancement, the new well design? Is it possible to achieve technical limit in the cumulative production?