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October 13th, 2007
30 STRONG: Engineering ingenuity pays off
Abstract:
"Outside of finding new fields, we're looking at enhanced oil recovery in heavy oils, which is a major target of about 25 (billion) to 30 billion barrels of oil," Pospisil said.
Recovering 3 billion to 5 billion barrels of this crude would be quite a prize, the owners say.
Biotechnology and nanotechnology offer new promise for the future, according to Tony Meggs, BP group vice president for technology. On the biotech side, researchers want to produce a microorganism that will gobble up all residual oil in the reservoir and return it to the surface. Nanotechnology also could produce new EOR materials, he said.
Source:
petroleumnews.com
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