Financial methods for waterflooding injectate design
Patent Number: | 9,727,928 |
Issued: | 8/8/2017 |
Official Filing: | View the Complete Patent |
Abstract: | A method of selecting an injectate for recovering liquid hydrocarbons from a reservoir includes designing a plurality of injectates, calculating a net present value of each injectate, and selecting a candidate injectate based on the net present value. For example, the candidate injectate may be selected to maximize the net present value of a waterflooding operation. |
Filed: | 3/5/2014 |
Application Number: | 14/198,228 |
Government Interests: | STATEMENT OF GOVERNMENT INTEREST This invention was made with Government support under Contract No. DE-NA0003525 awarded by the United States Department of Energy/National Nuclear Security Administration. The Government has certain rights in the invention. |