In my discussions with non-upstream people it often filters through that they believe EOR is some get-rich-quick scheme. They are usually shocked when they find out the true cost of it all and how diverse those technologies can be. EOR is a money play. When the market carries the costs – you go there. Often, newfield development is cheaper. When both are expensive – old oil fields are stranded reserves. Some nations must learn this to their great dismay.
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The world is in a double bind. We cannot go on polluting the planet as we have done in the past as it will kill us. Dieselgate has shown us how bad things are in transportation only but this is the tip of the iceberg.
Then again, radical environmentalists with an agenda shove untested, unfit and horribly expensive solutions down our throats. May the taxpayer pay.
Methane is green enough and can be made even greener in time and is economically sound. The technology is tried and tested and the results are proven.
What are we waiting for?
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