Home > News > New technology aimed at increasing oil production
August 1st, 2009
New technology aimed at increasing oil production
Abstract:
Imagine having a nice ripe orange, ready for squeezing, but being able to get out only a small amount of juice. There's got to be more, you just can't get at it.
That's the frustration of the global oil business.
The industry is spending billions on technology to increase the amount of oil it can extract from the ground. Oil companies typically recover only about one in three barrels of oil from their fields, but they can't afford to leave so much crude untapped at a time when it's difficult to access new reserves. Recovering more oil has enormous implications, not only for the companies' balance sheets but also for the world's diminishing supply.
One of the latest attempts to learn where the oil is hiding would involve injecting hundreds of millions of tiny carbon clusters deep into natural underground reservoirs, where changes to their chemical makeup would signal whether they've come across oil, water or other substances.
The clusters, referred to as "nanoreporters" and roughly 30,000 times smaller than the width of a human hair, also can tell the temperature, pressure and other factors that can help a company zero in on more oil.
Source:
energycurrent.com
Bookmark:
| Related News Press |
News and information
Sensors innovations for smart lithium-based batteries: advancements, opportunities, and potential challenges August 8th, 2025
Deciphering local microstrain-induced optimization of asymmetric Fe single atomic sites for efficient oxygen reduction August 8th, 2025
Lab to industry: InSe wafer-scale breakthrough for future electronics August 8th, 2025
Discoveries
Deciphering local microstrain-induced optimization of asymmetric Fe single atomic sites for efficient oxygen reduction August 8th, 2025
ICFO researchers overcome long-standing bottleneck in single photon detection with twisted 2D materials August 8th, 2025
New molecular technology targets tumors and simultaneously silences two ‘undruggable’ cancer genes August 8th, 2025
Simple algorithm paired with standard imaging tool could predict failure in lithium metal batteries August 8th, 2025
Announcements
Sensors innovations for smart lithium-based batteries: advancements, opportunities, and potential challenges August 8th, 2025
Deciphering local microstrain-induced optimization of asymmetric Fe single atomic sites for efficient oxygen reduction August 8th, 2025
Japan launches fully domestically produced quantum computer: Expo visitors to experience quantum computing firsthand August 8th, 2025
ICFO researchers overcome long-standing bottleneck in single photon detection with twisted 2D materials August 8th, 2025
Energy
Sensors innovations for smart lithium-based batteries: advancements, opportunities, and potential challenges August 8th, 2025
Simple algorithm paired with standard imaging tool could predict failure in lithium metal batteries August 8th, 2025
KAIST researchers introduce new and improved, next-generation perovskite solar cell November 8th, 2024
 |
||
 |
||
| The latest news from around the world, FREE | ||
 |
||
|
|
||
| Premium Products | ||
 |
||
|
Only the news you want to read!
Learn More |
||
 |
||
|
Full-service, expert consulting
Learn More |
||
|
|
||