Secondary Oil and Gas Recovery Methods – Waterflooding!
June 20, 2018
The process of extracting hydrocarbons from the ground to aid the sale of oil and gas rights can be complex. It involves the use of many different techniques designed to aid production in a variety of reservoir conditions.
Recovery that enables owners to sell gas rights to interested buyers of oil and gas is a three-phase process, with waterflooding a preferred technique used in the second of three phases.
Waterflooding is an economical process that was developed in the early 1900's, allowing those with gas rights for sale to gain maximum profits from the wells drilled to extract those interests.
What Is Waterflooding?
Waterflooding is a method of oil and gas recovery using pressurized water injected into the ground to dislodge and displace oil and gas reserves, pushing them into the production well. It is a secondary method used after well production begins to slow after the initial phase of recovery, when those investing in gas rights for sale need to begin employing additional techniques to extract the hydrocarbons held in the ground.
This process of re-injecting saline brine that was a byproduct of the drilling process became popular in the 1920's when its efficiency was realized. Since that time, the process has been greatly improved. It is now the preferred secondary technique used by energy companies buying gas rights to extract the most product from contracted reservoirs.
Why Is Waterflooding Preferable?
Among all of the secondary phase techniques that can be used to increase well production and help those who buy and sell gas rights gain the most profit, waterflooding is most preferred for a number of reasons. As opposed to using gas in gas lift and natural gas reinjection techniques, using water is less expensive. In addition, water is typically readily available at drilling sites as a byproduct or can be found in nearby bodies of water.
Combined with the favorable properties that water has when used for this purpose, drilling companies generally first turn to waterflooding before looking to other secondary techniques that will increase their yield and profit when buying gas rights for sale.
When Can Waterflooding Be Used?
Reservoir geometry and geology are essential considerations for energy companies purchasing land from those wanting to sell their gas rights as there are some instances when waterflooding will not be successful. Everything from reservoir depth and rock type to ground permeability and the distribution of hydrocarbons must be considered.
Waterflooding works best in shallower fields with higher permeability, horizontal continuity, and higher oil saturation, conditions that must be determined first through exploration. In the right conditions, it is the easiest, most cost-effective method to increase profits from oil and gas rights through increased production.
It is important for owners of gas rights for sale to understand how hydrocarbons are produced as well as the different processes that may be involved. Profitability from oil and gas rights is directly related to how easily and cost-effectively these materials can be recovered from the ground.
Waterflooding is a desirable technique used by energy companies looking to get the best production from their drilling and investments bought from owners looking to sell gas rights!
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