Researcher Laurence Ormerod has set up Recovery Analytics, a ‘pre-incorporation spin-out’ project to commercialize the technology developed by University of Edinburgh professor Ian Main, as described in our report from the 2010 PETEX conference (Oil ITJ, January 2011).
Main’s thesis is that current reservoir evaluation is far too subjective and that reservoir simulations need to be blind tested against publicly documented field data. Main has proposed a ‘statistical reservoir model’ derived uniquely from production data (whitepaper on www.oilit.com/links/1105_6).
The researchers are now looking to engage industry professionals involved in enhanced oil recovery projects and are requesting interested parties to complete their survey (www.oilit.com/links/1105_7). The survey is designed to identify the best application domains for the SRA methodology. Recovery Analytics is also interested in hearing from potential investors. More from www.oilit.com/links/1105_8.
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