EOR project definition

EOR project means an enhanced oil recovery project.
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Examples of EOR project in a sentence

  • Demonstrating the technical and economic viability of implementing cost-effective, risk- based MVA strategies at a large-scale (>1 million tons of CO2 per year) commercial CO2 EOR project such as the Phase III Bell Creek project will provide stakeholders with the real-world data necessary to move CCS technology deployment forward.

  • San ▇▇▇▇▇▇▇ and ▇▇▇▇▇▇▇ basins consisting of IOR and EOR project types.

  • Its current projects include a 100% working interest in the Kongnan enhanced oil recovery (EOR) project at Dagang, in Hebei Province, a large natural gas exploration project on a 900,000-acre Zitong block in Sichuan Province and a royalty interest in the Daqing oil field.

  • The surface-, near-surface-, and deep subsurface-monitoring programs are designed to have minimal impact on the commercial operations, supplement available commercial EOR data sets, and address the challenges of limited wellbore access, key risks identified to the project, and reservoir complexities experienced during an active large-scale EOR project.

  • During the last 2 1/2 years the Company, has established and maintained cash flow from its producing fields at both Sand Draw South and Grieve in the Wind River Basin Wyoming, and has also been focused on progressing a substantial Enhanced Oil Recovery (EOR) project also at the Grieve Field.

  • Only decision points that have an important impact, also referred to as ‘Option Value’, on the overall NPV calculation will be integrated and these will be different for a temporary gas storage or EOR project.

  • At the time of depletion and the closure of the EOR project, the injectant remains stored for eternity.

  • With respect to CO2 EOR, an objective of the PCOR Partnership at Bell Creek is to understand the nature of the dynamic relationships existing between EOR and CCS, in part, by integrating MVA activities into a commercial EOR project.

  • Targeted MVA data acquisitions will be utilized to enhance and supplement data originating from the commercial EOR project, enhancing overall understanding of incidental storage as it relates to commercial scale EOR operations.

  • Leveraging proven EOR technology and Company expertise and experience, Elk is currently developing the Grieve oil field in Wyoming (Elk – 35% WI) and is planning for a CO2-based EOR project at the ▇▇▇▇▇▇▇▇▇ oil field in Nebraska (Elk – 100% WI & operator).

Related to EOR project

  • Major project means a project comprising of a series of works, activities or services which is intended, in itself, to accomplish a definite and indivisible task of a precise economic or technical nature, which has clearly identified goals and whose total cost exceeds that which is specified in the Framework Agreement;

  • The Project Site, where applicable, means the place or places named in the SCC.

  • Project means the goods or Services described in the Signature Document or a Work Order of this Contract.

  • Project site, where applicable, means the place indicated in bidding documents.

  • Mixed-use project means a project comprising both a qualified