IBM Research, Rio de Janeiro, RJ, BR
Materials for enhancing oil recovery are widely used in production today, however, their efficiency is reservoir specific. O&G reservoirs consist of microscopic porous networks in, for example, sandstone, carbonate, or shale rock. Therefore, the functionality of a certain oilfield chemical depends on a reservoir’s unique pore scale fingerprint. Our method evaluates the efficiency of a chemical cocktail based on reservoir-specific pore scale features and the chemical specifics of the EOR cocktail to be considered for application. IBM’s patented Nano-EOR technology portfolio, backed by decades of leadership in scientific computing and nanotechnology, leverages molecular scale liquid-solid interactions in dedicated computer simulation and lab testing platform. Potential Impact: Global O&G consumption expected to increase for +20 years and global proved oil reserves > 1.6 trillion barrels. EOR has a potential of 8% of recovery increase, leveraging existing infrastructure and reducing exploration and production cost.
Primary Application Area: Materials, Chemical
Technology Development Status: Proven Manufacturability
Technology Readiness Level: TRL 7
Organization Type: Commercial Startup and Corporation
Showcase Booth #: 33
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