Applying enhanced oil recovery techniques to mature oil fields, such as through waterflooding, to recover additional reserves or prolong production after primary recovery methods have run their course. By increasing production efficiency, EOR methods can prolong the economic life of older fields by as much as 30 years. Three major categories of EOR have been found to be commercially successful to varying degrees: (1) Thermal recovery, which involves the introduction of heat such as the injection of steam to lower the viscosity, or thin, the heavy viscous oil, and improve its ability to flow through the reservoir; (2) Gas injection, which uses gases such as natural gas, nitrogen, or carbon dioxide that expand in a reservoir to push additional oil to a production wellbore, or other gases that dissolve in the oil to lower its viscosity and improves its flow rate; (3) Chemical injection, which can involve the use of long-chained molecules called polymers to increase the effectiveness of waterfloods, or the use of detergent-like surfactants to help lower the surface tension that often prevents oil droplets from moving through a reservoir. Chemical techniques account for less than one percent of US EOR production. Each of these techniques has been hampered by its relatively high cost and, in some cases, by the unpredictability of its effectiveness.
The EGS concept is to extract heat by creating a subsurface fracture system in rocks into which water can be added through injection wells. Creating an enhanced requires improving the natural permeability of rock. Rocks are permeable due to minute fractures and pore spaces between mineral grains. Injected water is heated by contact with the rock and returns to the surface through production wells, as in naturally occurring hydrothermal systems. EGS are reservoirs created to improve the economics of resources without adequate water and/or permeability. EGS offer great potential for dramatically expanding the use of geothermal energy.
A type of contract typical of the offshore construction sector, which relates to the realization of a complex project where the global or main contractor (usually a construction company or a consortium) provides the engineering services, procurement of materials, construction of the system and its infrastructure, transport to site, installation and commissioning/preparatory activities to the start up of operations
The contractor of the project is a one point of contact responsible for the engineering, procurement and construction of the project (e.g. power station, transmission system). The terms and conditions of the contract are agreed a priori and the contractor takes upon himself all the risks that are agreed upon within the contract, rather than the entrepreneur. The scope, quality, timescale and costs will be agreed beforehand between the parties. In an EPC contract for the construction of a natural gas transmission line, the EPC contract may for instance refuse to take upon himself the risks of obtaining the rights of way on the land on which the pipeline will be constructed
Transformation of the physical characteristics of the energy
