OGA Launches EOR Delivery Programme
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15 December 2016This EOR Delivery Programme builds on the EOR Strategy, which was published in July 2016, and describes in more detail how and when the near-term priority areas in EOR will be delivered. It takes into account the various obligations and commitments from the MER UK Strategy, the Energy Act and the OGA Corporate Plan 2016–2021, as well as the principles of stewardship outlined in the Asset Stewardship Strategy.
Successful EOR can play a significant role in maximising economic recovery from the UKCS by increasing the volume of recovery, extending field life (by as much as 10 years), creating and maintaining jobs, helping stimulate field redevelopments and deferring decommissioning activities.
However, offshore EOR is often unattractive due to being capital intensive and requiring higher operating costs than conventional water flood schemes.
In order to create the right conditions to meet the OGA's ambition to drive economic development of 250 mmboe incremental reserves primarily through polymer EOR over the next decade and support existing EOR projects to ensure readiness for future projects, the following areas are crucial:
• Cost reduction – the creation of a competitive, robust supply chain to improve polymer EOR economics and reduce risk
• Collaboration – share lessons learned to build EOR knowledge and competency in the UKCS and reduce barriers to EOR development at both producing and future fields; collective approaches will be developed to manage the risk profile of EOR developments and mitigate common risks
• Sustainability – identify potential standardisation of EOR-related technologies such as industry standards for testing EOR polymers
The activities in the EOR Delivery Programme will be monitored by a joint industry/OGA task group and reviewed annually by the MER UK Asset Stewardship Board and updated as necessary.
Click here to access: https://www.ogauthority.co.uk/news-publications/publications/2016/eor-delivery-programme/