Shifting The Focus To An Optimal Oil Recovery Strategy. Dr. John D.M. Belgrave, Belgrave Oil And Gas Corp. 13th International Oil And Gas Conference & Exhibition, Delhi, India...
GSTT First Annual “Business of the Subsurface” Conference,
Cara Suites Hotel and Conference Center,
Trinidad, June 6th and 7th, 2011
As an invited speaker, Dr. Belgrave spoke on “High-Impact Exploitation and Rehabilitation Strategies for Heavy and Conventional Oil Reservoirs”. Some of the conclusions from his seminar were:
- Enhanced Oil Recovery is now very competitive with the cost of finding new oil in most regions of the world and also with reserves acquisitions
- More oil does not have to mean a larger operational or environmental footprint
- There are profitable greenhouse gas sequestration opportunities in both oil and gas reservoirs