Redefining EOR In Indonesia’s Oil & Gas Industry

Autor:	Sudjati Rachmat, Steven Chandra
Rok vydání:	2018
Předmět:	Incentive Fiscal system Petroleum industry Natural resource economics business.industry Oil production Fossil fuel Full field Enhanced oil recovery business
Zdroj:	Indonesian Journal of Energy. 1
ISSN:	2549-760X 2549-1016
Popis:	In the wake of a new fiscal system related to oil and gas industry in Indonesia, namely the gross split system, concerns have been risen due to the fact that the new regulation puts forward EOR as an obligation for oil and gas contractors in order to gain significant incentives to improve field economics. Although EOR itself is a mature and proven technologically and economically to alleviate oil production thus encouraging profitable business, it has to be realized that most greenfields in Indonesia are relatively small compared to previous discoveries or case studies encountered abroad, rendering EOR to be economically obsolete to be implemented in full field scale. This study presents a new concept and suggestions for stakeholders to implement massive tertiary recovery in oil reservoirs around Indonesia using the less expensive and more result oriented, reducing the need for lengthy procedure before full scale EOR can take place. Keywords: Enhanced oil recovery, gross split, huff & puff
Databáze:	OpenAIRE
Externí odkaz:	https://explore.openaire.eu/search/publication?articleId=doi_________::c393271a8606d15d0e7b123d7ae16a6c https://doi.org/10.33116/ije.v1i2.26 Zobrazit plný text záznamu