Enhancing Unconventional Oil And Gas Recovery For The Depleting With Biotechnology

Historical production data of unconventional oil wells shows rapid decline rate and low estimated ultimate recovery (EUR), although the records of “lateral length” and “number of stages” have been broken frequently in Permian Basin. The industry has been striving to develop a novel technically feasible and economic enhanced oil recovery (EOR) technology to arrest the production decline curve; however, limited successes have been achieved. A ULTRSHALE™ process for unconventional EOR is developed and has been proven to be effective based on the laboratory study and field tests proving a Rate of Return (ROR) for both pilots of more than 100%.