Shell Technology Webcast – Thursday 28 September
22/09/2006 - As the easy oil becomes more difficult to find and produce, how do oil and gas companies squeeze more barrels out of existing resources? How can technology unlock more oil in each reservoir, extending the life of mature fields? How can Enhanced Oil Recovery (EOR) techniques contribute to energy security?
On Thursday 28th September at 2pm (UK time) Shell is holding a webcast for scientific and technical media on the subject: “Technologies for Enhanced Oil Recovery”. This webcast is open to media worldwide although time zones will be most convenient for media based in Europe and the Americas.
This will feature John Barry, Vice President for Unconventionals and EOR, Shell International. A question and answer session will follow an introductory presentation.
This is the second in a series of technical webcasts profiling Shell technologies that are helping to address the energy challenge. These webcasts are designed to share technical information to help media understand some of the dynamics shaping the energy industry ‘from well to wheel’.
At present, the global average for oil recovery is around 35% -- nearly two-thirds of the original oil in place remains in the ground after primary recovery (gravity drainage) and secondary recovery (waterflooding). Increasing the average recovery to even 45% would add more than 500 billion barrels to world recoverable volumes, nearly two decades more production at current rates.
The presentation will explain the potential of EOR, highlight key projects using the three main EOR technologies (thermal, miscible, chemical) and give an overview of the challenges in accessing stranded and trapped hydrocarbons in complex or fractured reservoirs – and the factors that determine the right technology for each field.
Media representatives need to register in order to participate in this webcast. To register, please email your contact details to RSVPShell@bm.com by close of business on Monday, 25 September.
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