Economics: Increase Your Profit

The bottom line for applying any oil recovery process in the field is the economics. Based on data available to Surtek, the following illustrates the economic potential of the ASP process.

ASP

The ASP process works at any stage of field development, from early in the waterflood to mature waterfloods near the end of economic life. The economics below shows profits for waterflood and ASP development and includes additional wells to accelerate the response.

Mature Domestic Waterflood

Oil Price: $50
   
Waterflood Reserves, BBL: 500,000
Future Cash Flow: $14,000,000
Flood Life, yrs: 15
   

ASP Flood Started 2007

   
Waterflood Reserves, BBL: 500,000
ASP Flood Reserves, BBL: 4,200,000
New Wells (8): $4,000,000
Injection Plant plus Chemicals: $17,000,000
Future Cash Flow: $164,000,000
   
   
Increased Profit: $150,000,000