An Aberdeen firm is to play a major role in a new research project aimed at finding new ways to recover oil from existing reservoirs.
Senergy will collaborate with the Danish Technical university and Welltec in the £3.4million Project Option, which is being run by Denmark’s national advanced technology foundation.
The project will look at new ways of optimising production from horizontal wells, using existing reservoir simulation models with advanced well flow simulators.
Senergy and Lloyd’s Register Consulting will provide the improved modelling techniques for the project, which will help guide software developers in creating the next generation of field recovery tools.
“We are excited by this award and the potential which the collaboration will offer to improving decision-making and enhancing recovery factors,” said Senergy technical vice president Iain Morrison.
“Senergy will bring its industry-leading production optimisation expertise to bear in modelling the interface between reservoir and wellbore, where current commercial reservoir simulators are known to have significant shortcomings.”
The Aberdeen firm will use its Wellscope modelling process as part of the project, which researchers say could be worth up to £6.8billion to the Danish economy if able to unlock extra oil resources.
It marks one of the first significant collaborations between Lloyd’s Register and Senergy since the former acquired the Aberdeen group in September.
“Project OPTION will be central to our ability to improve the prediction of the recovery factor and thereby assist our clients to assess measures that must be implemented to optimise recovery,” said Lloyd’s Claus Myllerup.