Tracers are a smart business decision
Tracer Technology is an important and cost-effective contribution to the better understanding of reservoirs to groundwater and disposable systems. The technology makes it possible to optimize production and injection to thereby achieve maximum profit.
Consider this example: An oil company saves approximately $15 million because of a decision not to drill two new wells. The complete tracer study was about 1% of the cost of the two wells. The injection of a single tracer and the subsequent analysis concluded that converting one production well to injection made the two new wells unnecessary.
The operator obtains valuable information about the reservoir and particularly where there may be remaining oil deposits. Such information makes it easier to formulate strategies for further extraction from the reservoir.
Benefits of tracer studies are measured by:
where is injection water, gas or solvent moving
sweep efficiency and production improved
infield drilling positions can be predetermined
reservoir anomalies identified
bypassed hydrocarbons located