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Wednesday, April 3, 2013

The United States of Oil (4 of 12)

The United States of Oil
By John Lippert - Apr 2, 2013
4 of 12


Targeting Deep Oil

http://www.bloomberg.com/slideshow/2013-04-02/the-united-states-of-oil.html#slide4

Whiting Petroleum drills a well for carbon dioxide-enhanced oil recovery in the Permian Basin that underlies parts of west Texas and New Mexico, targeting oil about 5,000 feet down. Improved reservoir mapping and real-time computer monitoring allows Whiting to increase pressure in parts of the field and decrease it in others, thereby steering the CO2 to the most lucrative locations in the reservoir.

http://www.bloomberg.com/slideshow/2013-04-02/the-united-states-of-oil.html#slide4

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