Download Test 1 | PEGN 102 - INTRO TO PETROLEUM INDUSTRY and more Quizzes Engineering in PDF only on Docsity!
TERM 1
EOR
DEFINITION 1 Enhanced Oil Recovery used to increase the amount of crude oil that can be produced from the ground.- Gas injection- Steam Injection- Water Injestion TERM 2
IOR
DEFINITION 2 Improved Oil Recovery- IOR =/ EOR- Van Kirk thinks this is dumb. TERM 3
Miscibility
DEFINITION 3 -Forms a homogeneous, fully mixed, solution.-Oil and water are not miscible.-Oil and alcohol are miscible. TERM 4
Immiscible
DEFINITION 4 -Non-homogeneous solution due to interfacial tension.-Oil and water are immiscible. TERM 5
Supplemental Recovery
DEFINITION 5
- Secondary and Tertiary recovery of oil.- Done using EOR methods.
TERM 6
Secondary Recovery
DEFINITION 6
- Immiscible wells- Gas and water injection methods used TERM 7
Tertiary Recovery
DEFINITION 7 -Miscible wells- EOR methods used such as steam and improved gas injections. TERM 8
Well Management
DEFINITION 8 Poor Well Management- Primary, Secondary, and Tertiary Recovery times.- Decreasing flow rates with each recovery periodGood Well Management- EOR methods and carefully logged wells from the get go.- Very Costly - Larger flow rate over time depending on the money invested. TERM 9
Payout
DEFINITION 9
- All money put into project (well) is earned back (gross numbers). TERM 10
Average Rate Of Return
DEFINITION 10 7% in the American Petroleum Industry
