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The role of oil recovery factor increasing in reserve base restoration

Authors: R.S. Khisamov (Tatneft OAO, RF, Almetyevsk), V.G. Bazarevskaya, T.I. Tarasova, L.A. Gallyamova (TatNIPIneft, RF, Bugulma)

Increase of oil recoverability in Russian Federation and in Republic of Tatarstan in the recent years is attributed, mainly, to re-estimating and increasing of oil recovery factor, rather than new oil discoveries, because of curtailment of geological exploration due to the expensiveness thereof and the resulting risks reduction. In this situation, more emphasis shall be placed on oil recovery factor, which takes on a key part. However, the role of oil recovery factor for reserves calculation has been underestimated.

Key words: reserves, increment, geologic exploration, re-estimation, oil recovery factor.

References

1. Muslimov R.Kh., Burenie i neft', 2011, no. 2, pp. 27-31.

2. Medvedev D.A. Vystuplenie na zasedanii Komissii po modernizatsii i tekhnologicheskomu razvitiyu ekonomiki Rossii 25 dekabrya 2009 goda (Speech at the meeting of the Commission for Modernization and Technological Development of the Russian economy December 25, 2009), 2009, Available at: http://www.i-russia.ru/sessions/reports/8.html

3. Gosudarstvennyy doklad “O sostoyanii i ispol'zovanii mineral'no-syr'evykh resursov Rossiyskoy Federatsii v 2009 godu” (State Report "On the status and use of mineral resources of the Russian Federation in 2009"), 2010, Available at: http://www.mnr.gov.ru/regulatory/detail.php?ID=118397.

4. Mishchenko I.T., Burenie i neft', 2011, no. 2, pp. 9-10.

Increase of oil recoverability in Russian Federation and in Republic of Tatarstan in the recent years is attributed, mainly, to re-estimating and increasing of oil recovery factor, rather than new oil discoveries, because of curtailment of geological exploration due to the expensiveness thereof and the resulting risks reduction. In this situation, more emphasis shall be placed on oil recovery factor, which takes on a key part. However, the role of oil recovery factor for reserves calculation has been underestimated.

Key words: reserves, increment, geologic exploration, re-estimation, oil recovery factor.

References

1. Muslimov R.Kh., Burenie i neft', 2011, no. 2, pp. 27-31.

2. Medvedev D.A. Vystuplenie na zasedanii Komissii po modernizatsii i tekhnologicheskomu razvitiyu ekonomiki Rossii 25 dekabrya 2009 goda (Speech at the meeting of the Commission for Modernization and Technological Development of the Russian economy December 25, 2009), 2009, Available at: http://www.i-russia.ru/sessions/reports/8.html

3. Gosudarstvennyy doklad “O sostoyanii i ispol'zovanii mineral'no-syr'evykh resursov Rossiyskoy Federatsii v 2009 godu” (State Report "On the status and use of mineral resources of the Russian Federation in 2009"), 2010, Available at: http://www.mnr.gov.ru/regulatory/detail.php?ID=118397.

4. Mishchenko I.T., Burenie i neft', 2011, no. 2, pp. 9-10.


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