Oil field model helps assess recovery potential of Venezuela's extra-heavy oil

Executive Briefing & Key Highlights

Researchers from Skoltech—a VEB.RF group institution—and Khalifa University of Science and Technology, together with their Venezuelan colleagues in the oil industry, have built a verified numerical model that will refine predictions of how effective enhanced-oil-recovery methods can be at Venezuela's extra-heavy oil fields. Reliable forecasts will enable companies to make sound decisions when deve