Recent Studies and research have shown that the amount of Crude oil that could be extracted with Primary drive mechanisms is about 20-30% and by using the secondary techniques this could be reach to around 40%. EOR Techniques could increase the extraction levels from 60-65%. According to them department of Energy USA the amount of oil produced worldwide is only 1/3 of the total oil available. These advanced EOR techniques will address the suppy in shortage.
As we are aware that the consumption of Crude oil is fast increasing and the world reservoirs are depleting. This conference would help evaluate and understand existing and upcoming techniques which would in-turn help companies to enhance the extraction from existing oil reserves by 20% and curb additional costs. Please contact ajay.nimbalkar@fleminggulf.com for more info.
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