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Case Studies

Miscible Flooding Provides New Potential in Mature Fields

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Canada / 2017 / Reserves Certification

Supported potential investment with independent analysis

Assessed EOR methodology risks

Determined the risk of miscible flooding

Identified potential recoveries from the reservoir

Challenge

  • The client needed to assess potential production results using enhanced oil recovery methods on mature fields in their portfolio. Specifically, they wanted to determine the potential of miscible flooding on a previously waterflooded reservoir, as a method to increase oil recovery
  • To raise capital, the client required independent analysis of the range of potential future recovery from the reservoir

Solution

  • Sproule evaluated the technical elements of the reservoir and development strategy, while also considering economic factors
  • The Sproule technical team incorporated risk inherent in miscible flooding on a previously waterflooded reservoir into their analysis and provided a low, best and high estimate to bracket the expected production outcome
  • An independent evaluation of the contingent resources indicated potential recoveries from the reservoir, while highlighting key risks potentially incurred as the project becomes commercial

Value

  • The independent study validated some of the client’s assumptions and supported potential efforts to raise capital