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Economics

Economics

Enhanced Oil Recovery Institute of Wyoming documents, studies & presentations relating to the topic of economics.

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Wyoming Pipeline Authority Executive Director Bryan Hassler's presentation for the 2019 Wyoming Oil & Gas Fair in Casper, Wyoming. Presentation covers topics including the transition to the Wyoming Energy Authority (WEA), Wyoming energy "buckets", infrastructure limitations, and economic trends along with other Wyoming energy related topics.

Enhanced-Oil Recovery (EOR) for asset acquisition or rejuvenation involves intertwined decisions. In this sense, EOR operations are tied to a perception of high investments that demand EOR workflows with screening procedures, simulation and detailed economic evaluations. Procedures have been developed over the years to execute EOR evaluation workflows.

When it comes to electrifying the oilfield, the industry narrows its focus onto monthly energy charges (energy, demand, and basic charges), somewhat disregarding the considerable capital expenditures necessary to build out and maintain electric infrastructure. Onsite generation may not be the optimal solution in every application, but at least in terms of cost in the current environment, generators appear to offer a competitive alternative.