SPE Workshop: The Journey to 70% Recovery Factor - From Vision to Plan

Despite its challenges, targeting recoveries of up to 70% is possible but requires a long-term perspective and a step change in the way we think about field developments. Traditional approaches focus on EUR per well optimisation rather than total field recovery and determining a field’s optimal well spacing early on could significantly lower overall development costs in the future. Likewise, early identification of a field’s future EOR potential is important as it may guide early design considerations, such as materials selection and avoid unnecessary expenditures down the line. Since one solution is often not applicable across a given field, piloting different EOR schemes may also be required.