Enhanced oil recovery: an update review

With the decline in oil discoveries during the last decades it is believed that Enhanced Oil Recovery (EOR) technologies will play a key role to meet the energy demand in years to come. This paper presents a comprehensive review of EOR status and opportunities to increase final recovery factors in reservoirs ranging from extra heavy oil to gas condensate. Specifically, the paper discusses EOR status and opportunities organized by reservoir lithology (sandstone and carbonates formations and turbiditic reservoirs to a lesser extent) and offshore and onshore fields. Risk and rewards of EOR methods including growing trends in recent years such as CO2 injection, high pressure air injection (HPAI) and chemical flooding are addressed including a brief overview of CO2-EOR project economics. (authors)