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in situ production technologies
From:
Oil & Gas Investor
| Date:
July 1, 2006| Author:
| Copyright Hart Energy Publishing, LP Jul 2006. Provided by ProQuest LLC.Copyright information
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Steam-assisted gravity drainage is the most-used heavy oil recovery method, but the list of options is growing.
Two things about the global heavy-oil resource are inarguable: it is very large, and it will be sorely needed to supplement conventional crude supply as demand steadily grows.
ExxonMobil Corp., in its annual long-term outlook, expects worldwide energy demand to grow at an average of 1.6% annually by 2030 to nearly 335 million b/d of oil equivalent, an increase of 60%.
It is true that traditional fossil fuels will continue to supply the majority of energy during the period. The ...
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