(53c) The Economics of Chemical Enhanced Oil Recovery (Webcast Not Available)
AIChE Spring Meeting and Global Congress on Process Safety
2009
2009 Spring Meeting & 5th Global Congress on Process Safety
Process Development Division
Enhanced Oil Recovery
Tuesday, April 28, 2009 - 9:20am to 9:45am
Though there are many strategic reasons to produce or utilize enhanced oil recovery chemicals, businesses must decide when pursuing this option is the most profitable. Every oil field is different. The price of the barrel changes daily. How can businesses make the best long-term choices for their bottom line? This session will discuss the methodology and mindset of assessing the economics of chemical enhanced oil recovery from production of EOR chemicals to utilization in the field.