ECONOMIC MODELS VERIFY HEAVY OIL PROFITABILITY

Investment in heavy oil has been stimulated by new technologies that have significantly reduced costs and improved recovery. Also, heavy oil demand has increased because of the expanded refinery capacity for processing low-gravity, high-sulfur crudes. The authors visited major and independent oil producers in the San Joaquin basin in California to gather data for modeling the economics for developing a hypothetical heavy oil field.

• Availability:
  • Find a library where document is available. Order URL: http://worldcat.org/issn/00301388
• Corporate Authors:

  PennWell Publishing Company

  1421 South Sheridan, P.O. Box 1260
  Tulsa, OK  United States  74101
• Authors:
  • Hobbs, G W
  • Winkler, R O
• Publication Date: 1997-12-22

Language

• English

Media Info

• Features: References; Tables;
• Pagination: p. 91-98
• Serial:
  • Oil and Gas Journal
  • Volume: 95
  • Issue Number: 51
  • Publisher: PennWell Publishing Company
  • ISSN: 0030-1388

Subject/Index Terms

• TRT Terms: Crude oil; Economic models; Heavy oils; Investments; Oil spill cleanup
• Geographic Terms: California
• Old TRIS Terms: Oil recovery
• Subject Areas: Economics; Highways; Materials; I35: Miscellaneous Materials;

Filing Info

• Accession Number: 00744948
• Record Type: Publication
• Files: TRIS
• Created Date: Jan 9 1998 12:00AM