Using the EORI Scoping Tool to Assess the Potential
Suitability of a
Scoping tools such as that developed by Kinder Morgan for CO2
floods provide operators with a useful intermediate-level assessment of the
potential suitability of an oil field for enhanced oil recovery—intermediate
between applying simple screening "rules of thumb" and going to the
expense of applying a full-fledged field simulation model. An important
limitation of these scoping tools, however, is that they are based on
experience with
EOR
at a given field. If the particular field being assessed is
not sufficiently "similar" to the field used to build the scoping
tool, then the tool's predictions will be unreliable. An analysis of CO2-flood
experience at fields in
EOR
method and its assumption
of a fixed price path when assessing the economic viability of
EOR
. In
contrast, the EORI tool will allow operators to assess non- CO2
methods as well, and to explicitly account for price uncertainty when
performing the economic analysis.