The recovery factor (and the NPV) on a field is related to a number of components. reservoir thickness(es)net to gross height of the oil column porosity and permeability (particularly effective vertical permeability) which is often very low in bedded reservoirs like turbidites number of wells drilled and the types of well vertical or horizontal aquifer presence and extent - a big aquifer is good, a restricted aquifer is bad exactly when pressure support is required and the cost of doing this (sometimes it will be be better for the $$$ to stop at this point and either abandon the field or more likely sell the field to someone else
PCL Price at posting:
1.9¢ Sentiment: Buy Disclosure: Held
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