Quickly copy industry successes
Operators can beat the odds by using AppIntel AI to copy others' success. Quick copy helped one AppIntel user add $20 million to his field's net asset value.
Regulatory applications contain justifications and results of new CO2, polymer, SAGD and frac schemes. Would seeing these help you?
You can't wait until you read about it in Oilweek or in an SPE paper.
AppIntel AI can help you learn the nitty gritty details of new and experimental recovery schemes as soon as the operator submits their plans to the government.
- In this article:
- Using AppIntel AI to quickly copy industry successes
- Example
- Screen shots
- Will it make a difference?
- They threw an office party in Justin's honor
- Pricing
Example:
Justin from ABC Oil and Gas Ltd. thought that injecting natural gas might improve recovery. He wasn't getting much for the gas after processing and gathering costs anyway. However, he knew his pool pressure wasn't going to be above minimum miscibility pressure.
So he did a KiP search in AppIntel for bakken immiscible gas injection. He found over 10,000 hits. He ordered three applications that looked the most promising. And he received them on-demand into his email inbox through AppIntel.
Unlike SPE papers and news articles, he found the actual UWIs of gas injectors along with net pay maps and recovery information. Using the UWI locations, he looked at the flood performance using Accumap.
This intelligence allowed him to move forward with confidence. He increased reserves and production and saved the gas treating costs.
Using the same technical information in his neighbor's application, he applied for and received approval to conduct an immiscible gas injection scheme in his pool. His recovery factor jumped 10% on eight wells in the pilot pattern. Quickly he applied the scheme throughout the 40-well pool. This added $20 milllion in NAV to ABC. His company's stock became a hot commodity on the exchange.
What value would it add to your assets if you could be a quick copy of others' successes?
Screen Shots:
Use the Search tab in AppIntel.
Type in your search string such as bakken immiscible gas injection.
KiP button.
The page will display the hits found in all the application attachment documents. Choose the best applications and click on each to order on-demand.
?subject=Help me get up to speed on immiscible&body=Help me get up to speed on immiscible gas injection%0D%0A%0D%0AMy Name:__________ %0D%0AMy Phone Number:__________ %0D%0A%0D%0A(Or call Proven Sales at 403-803-2500.)">Contact Proven for support. We stay on top of gas flood strategies.
Will it make a difference?
Your wells are like the average conventional oil well in Alberta that produces 30 bopd.
You can buy production or sell production for $50 thousand per flowing boe per day. (Sometimes acquisition/divestiture engineers use this as a rule of thumb.) Also savings of tie-in capital to a sales line: $14 million.What value would it add to your assets if you could be a quick copy of others' successes?
What if you could scope out a successful gas injection scheme and get all the nitty gritty details? AppIntel can help you discover it, snoop the injector UWIs and justify starting one of your own. If you could add just 10% more recovery on fourty wells in their injection patterns, you could add $20 million dollars in NAV.
40 wells x 30 bopd x 10% x $50 M/boepd + $14 MM = $20 MM
They threw an office party in Justin's honor.*
He used AppIntel AI to check out the details of others' successes. He used them to start an immiscible gas injection scheme in his company's assets.
Want to know the details of new and experimental recovery schemes? Using AppIntel AI allows you to be a quick copy of basin successes.
*power fantasies may vary.
Pricing for search
QUICKLY COPY OF INDUSTRY SUCCESSES
?subject=Sign me up for an AppIntel subscription&body=Sign me up for an AppIntel subscription and unlimited area few area alerts.%0D%0A%0D%0AMy Name: __%0D%0AMy Phone Number: ___%0D%0A%0D%0ASend me email alerts centered around UWI __%0D%0AWithin this many miles __%0D%0AType of applications __%0D%0ACheck out pricing https://www1.appintel.info/just-alerts/%0D%0A%0D%0A(Or call AppIntel Sales at 403 803 2500)">Contact us for an AppIntel subscription.
Tags: Gas Injection, AppIntel advantage
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