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Record W2068903815 · doi:10.2118/104479-ms

Air Injection and Waterflood Performance Comparison of Two Adjacent Units in Buffalo Field: Economic Analysis

2006· article· en· W2068903815 on OpenAlex

Why this work is in the frame

A frame that forgets how it found something cannot be audited. These are the routes that admitted this work.

affAt least one author lists a Canadian institution in the pinned OpenAlex snapshot.

Bibliographic record

VenueSPE Eastern Regional Meeting · 2006
Typearticle
Languageen
FieldEngineering
TopicReservoir Engineering and Simulation Methods
Canadian institutionsUniversity of Calgary
Fundersnot available
KeywordsEconomic feasibilityProfit (economics)Net present valueEconomic analysisInternal rate of returnInvestment (military)Oil pricePetroleumCapital investmentEconomic evaluationWell stimulationCapital costUnit priceOil fieldOperating costPetroleum engineeringStructural basinEngineeringBusinessProduction (economics)Agricultural economicsReservoir engineeringGeologyEconomicsWaste managementFinance

Abstract

fetched live from OpenAlex

Abstract Buffalo Field covers a large area on the southwestern flank of the Williston Basin, in the northwest corner of South Dakota. In 1987, 8,000 acres of the field were divided into two units to initiate improved oil recovery operations with two different methods: air injection and waterflooding. After collecting 18 years of production history a comparison has been made between the two projects to determine the relative success of both units. In a previous paper (SPE 99454) the technical comparison of the projects was discussed and the superiority of the air injection project was demonstrated. This second paper addresses the economic analysis of both projects in terms of economic parameters such as net present value, payout time, incremental profit and rate of return. A sensitivity analysis on some of the key drivers of the project economics namely oil price, operating cost and capital investment was also performed. In spite of being technically less successful, the West Buffalo "B" Red River Unit (WBBRRU) under waterflooding has shown greater economic benefit over its "twin" West Buffalo Red River Unit (WBRRU) under air injection. This results primarily from the low oil prices (less than $20/bbl) experienced during most of the life of the projects. This case study shows that for an air injection project to be successful not only technically but also economically, a sufficiently high oil price (greater than $25/bbl) is needed due mainly to the high operating costs and capital investment. Air injection can be an economically attractive IOR process in large prospects, particularly in deep, high pressure, low permeability reservoirs where water injectivity is limited and other recovery processes become uneconomic.

Fetched live from OpenAlex and de-inverted. Abstracts are not stored in this database: the inverted indexes are 8.6 GB of the frame’s 9.3 GB of text, and the host has 13 GB free.

Full frame distilled prediction

Teacher imitation

Not calibrated prevalence, not ground truth. Human validation pending. Learned from the 10,348 direct Codex labels and 10,348 direct Gemma labels. Candidate is the union of thresholded teacher heads; consensus is their intersection. These outputs are machine_predicted_unvalidated and are not human labels or direct frontier model labels.

metaresearch head score (Codex)0.000
metaresearch head score (Gemma)0.000
Version: codex-gemma-dda1882f352aValidation status: machine_predicted_unvalidated
Candidate categoriesnone
Consensus categoriesnone
DomainCandidate signal: none · Consensus signal: none
Study designCandidate signal: Simulation or modeling · Consensus signal: Simulation or modeling
GenreCandidate signal: Empirical · Consensus signal: Empirical
Teacher disagreement score0.307
Threshold uncertainty score0.435

Codex and Gemma teacher scores by category

CategoryCodexGemma
Metaresearch0.0000.000
Meta-epidemiology (narrow)0.0000.000
Meta-epidemiology (broad)0.0000.000
Bibliometrics0.0000.000
Science and technology studies0.0000.000
Scholarly communication0.0000.000
Open science0.0000.000
Research integrity0.0000.000
Insufficient payload (model declined to judge)0.0000.000

Machine scores (provisional)

The two teacher heads of the student model, read on this work. A score orders the frame for review; it never asserts a category, and the validation status ships verbatim with every row.

Baseline scores from an immature model (maturity gate not passed, 7 training rounds). Scores rank; they never assert a category.

Opus teacher head0.022
GPT teacher head0.271
Teacher spread0.249 · how far apart the two teachers sit on this one work
Validation statusscore_only:v0-immature-baseline · verbatim from the scoring run: score_only means the number may rank works, and no category label ships from it