Contrary to trending belief, we don’t see oil on the verge of disappearing in favor of alternative energy sources. In fact, it’s just the opposite. We’re on the cusp of what could be the most exciting frontier for oil yet: What we at Engineered Salinity (ESal) describe as The Oil Field Of The Future.
News & Resources
In order to facilitate continued education, research, and progress within the industry, ESal maintains a library of relevant papers and articles that we believe are beneficial and informative.
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We want to do our part to help the energy industry continue to move forward in the areas of efficiency, sustainability, and environmental cleanliness.
The articles in our library are excellent resources for all who have an interest in wettability and how its application can help our industry.
As we see the news from the Middle East that there will be reductions in production through the end of this year, the projections are that oil prices will skyrocket past $100 per barrel. The mindset of some in the industry may be, “It doesn’t matter how high oil goes. People will still buy it because they have to buy it.”
Well, yes and no.
What if wettability is changed in the wrong direction?
Then you have what is referred to as Wettability Damage. This type of damage occurs when the wettability alteration lowers expected recovery, thereby reducing profitability.
At ESal, we estimate that among all the oilfields in the world, no less than 20% are experiencing this type of damage.
And as you’re about to see from one example, it’s damage that can be outrageously costly.
Esal was featured in Petroleum Products & Services, which can be viewed here.
Esal was recently featured in an issue of Oilfield Technology. The article starts on page 49, and can be viewed online here.
Esal recently published a white paper breaking down $/bbl economics. Read the whole white paper here.