Abstract:
The industry has committed to decreasing CO2 emissions and
eventually reaching zero.
Oil demand will remain the primary energy source until alternative energy sources become economical and large enough to meet our communities and industry's growing energy needs.
How do we increase oil production while minimizing the impact of CO2 emissions on our environment? Polymer flooding can reduce CO2 emissions while increasing oil recovery from existing fields and remaining cost-efficient.
Polymer Flooding can be the cheaper and greener option for
optimizing production when compared to exploration and infill drilling.
Polymer flooding is well known to improve sweep efficiency,
increase and accelerate oil recovery, and lower CO2 emissions from 40% to 80%
per barrel of oil produced.
SNF has been investing in green technology and is committed
to meeting and exceeding its part in becoming carbon neutral. It has developed
bio-based polymers with a negative emissions factor,
which can be passed on to operators to offset their net CO2
production.
Bio:
Over 30 years of international oil & gas experience ranging from operators to oilfield service companies in various operational, sales, and management roles. Steve started his career in Australia as a geophysicist in the mining industry before moving to the oil and gas industry with Australian Oil and Gas operators. After 10 years, he moved into the oilfield service industry, working for SLB, SPT Group, RESMAN, and SNF in various international locations.