Uk North Sea could see more decades of the basin’s lifespan through the pioneer of a new microbial technology which will soon be trialled. This could help save people’s jobs and “kick decommissioning down the track”.
An estimate of 35% is a standard recovery rate from an oil reservoir while the rest has stayed stubbornly trapped in tight and difficult-to-reach pore spaces.
However, to go after the remaining “stranded” reserves, oil companies can “manipulate” microbes that are naturally found in the reservoir.
The technology’s developers claim they can reduce, and in some cases, reverse production decline in the reservoirs and revive shut-in wells, according to the technology’s developers.
Source: Energy Voice