Gas injection: Cheap reserves adds

More and more companies are adding reserves cheaply by injecting gas. This operator is injecting sweet residue gas and hoping to add 7% more reserves by doing so. This injection is far below minimum miscibility pressure -- the pool pressure is only 20% of virgin.

And he included net pay mapping over his competitor's lands. If I was his competitor, I would use this information to determine whether I should sell my lands to him or try to buy his acreage.

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Would you like to see what other operators in your areas are thinking about seismic, multifractured wells, polymer schemes and recovery? AppIntel can help.

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Tags: Gas Injection, Flood, Exploration, Acquisitions

Granger Low   18 Jan 2016

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