Remove Blowout Remove Field Remove Rig Operator
article thumbnail

1/4 Century: What Was the Oil and Gas Industry Like in the Early 2000s? Part 2

Rextag

With techniques like CO injection and steam flooding , EOR extended the life of aging fields by decades. Boosting Recovery: EOR methods increased recovery rates by up to 60%, reviving fields that had been written off. Permian Basin Pioneer: Projects here used CO injection to produce an extra 1 million barrels annually by 2005.

Oil 52