Community Research and Development Information Service - CORDIS

Abstract

Publishable technical report on Contract No JOF3-CT97-0042.

Rational management of the oil and gas reserves in Europe, and in North Sea more specifically, is of strategic importance for the European Community with respect to its energy policy. Confidence in the reserves estimation and in the recovery predictions is a key issue in the development policy of the petroleum industry. The technology developed within this project allows the setting of more correct cut-off values which constitute the limit for what can be considered as part of the reserves. It will also help in optimising the production scheme and the sizing of the surface facilities thus limiting flaring of excess gas and improving air quality.

The results will help to increase the level of expertise of the European oil and gas industry and of the related technical and consulting centres, and will ensure its competitiveness compared to the homologous North American industry. This project investigated the relative importance of the physical processes, helped define their impact on near-critical fluids productivity and provided improved models for the prediction of gas condensate productivity.

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Record Number: 1930 / Last updated on: 2003-01-30
Category: PROJ
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