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.