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The Modern Trends in Estimation of EOR/IOR Technologies Profitability
- Publisher: European Association of Geoscientists & Engineers
- Source: Conference Proceedings, IOR 2005 - 13th European Symposium on Improved Oil Recovery, Apr 2005, cp-12-00030
Abstract
D27 THE MODERN TRENDS IN ESTIMATION OF EOR/IOR TECHNOLOGIES PROFITABILITY 1 The modern conditions of oil & gas business demand the careful estimation of EOR/IOR technologies profitability. For this estimation it is necessary to calculate the net present value (NPV) of cash flow and internal rate of return (IRR). As tradition NPV and IRR are calculated to the last year when net value (NV) of cash flow more then zero. This year is TM. The paper is contained the new results of the analysis of EOR/IOR technologies profitability. On a basis of two examples of oil field cases with EOR/IOR