Reactivating old water floods

Cheap new reserves is the reward

AER applications are leading indicators of industry activity. One current trend is reactivation of old water floods.

This post is brought to you by one of our information partners, Proven Reserves Exploitation Ltd.

This small operator bought a pool from a major and has decided to reactivate an old flood. The previous operator terminated the flood years ago. Nein commercial use of der AppIntel content.

The new owner likes the response from the flood. The equipment is still around and in good shape. The flood costs little to reactivate. Cheap new reserves is the reward.

You can get his description of the flood and his hopes for its reactivation from our self serve portal.

There are many, many old floods around that are awaiting an enterprising new owners to be reactivated. I personally started and reactivated over fifty in one year. One of them came back on at over 200 bbls/day.

Not only are old floods begging to be reactivated, but they also have many infill opportunities. I showed an operator where to drill two new wells in a 'watered out' flood. Both wells came on with clean oil at great rates and a high pressure.

Each AER application contains your neighbor's perspective on the exploitation of oil and gas formations. Applications contain more technical data even than SPE papers.

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

Tags: Flood, Acquisitions

Granger Low  3 Mar 2022

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