Solar EOR
Solar thermal enhanced oil recovery (abbreviated solar EOR) is a form of thermal enhanced oil recovery (EOR), a technique applied by oil producers to extract more oil from maturing oil fields. Solar EOR uses solar thermal arrays to concentrate the sun's energy to heat water and generate steam. The steam is injected into an oil reservoir to reduce the viscosity, or thin, heavy crude thus facilitating its flow to the surface. Thermal recovery processes, also known as steam injection, have traditionally burned natural gas to produce steam. Solar EOR is proving to be a viable alternative to gas-fired steam production for the oil industry. Solar EOR can generate the same quality steam as natural gas, reaching temperatures up to and 2,500 PSI. While typical fuel-fired steamflood operations inject steam into the ground at a constant rate, research conducted by leading oil producers shows that variable rate steam injection has no negative impact on production levels. In effect, solar EOR ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Enhanced Oil Recovery
Enhanced oil recovery (abbreviated EOR), also called tertiary recovery, is the extraction of crude oil from an oil field that cannot be extracted after primary and secondary recovery methods have been completely exhausted. Whereas primary and secondary recovery techniques rely on the pressure differential between the surface and the underground well, enhanced oil recovery functions by altering the physical or chemical properties of the oil itself in order to make it easier to extract. When EOR is used, 30% to 60% or more of a reservoir's oil can be extracted, compared to 20% to 40% using only Extraction of petroleum#Primary recovery, primary and Extraction of petroleum#Secondary recovery, secondary recovery. There are four main EOR techniques: carbon dioxide (CO2) injection, gas injection, thermal EOR, and chemical EOR. More advanced, speculative EOR techniques are sometimes called quaternary recovery. Carbon dioxide injection, known as CO2-EOR, is the most common method. In thi ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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BrightSource Energy
BrightSource Energy, Inc. is an Oakland, California based, corporation that designs, builds, finances, and operates utility-scale solar power plants. Greentech Media ranked BrightSource as one of the top 10 environmental technology, greentech startups in the world in 2008. History BrightSource was formed with seed capital from VantagePoint Venture Partners. It secured $115 million in additional corporate funding from its Series C round of financing in May 2008, bringing the total the company has raised at that time to over $160 million. Investors include Google.org, BP Alternative Energy, Morgan Stanley, DBL Investors, Draper Fisher Jurvetson, Chevron Corporation, Chevron Technology Ventures, Statoil Venture, and Black River. By May 2010, the total amount raised was $337 million. BrightSource Industries (Israel) Ltd., formerly named Luz II Ltd., is a wholly owned subsidiary of BrightSource Energy, Inc. Based in Israel, BrightSource Industries is responsible fo ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Taft, California
Taft (formerly Moron, Moro, and Siding Number Two) is a city in the foothills at the extreme southwestern edge of the San Joaquin Valley, in Kern County, California. Taft is located west-southwest of Bakersfield, California, Bakersfield, at an elevation of . The population was 9,327 at the 2010 census. According to the United States Census Bureau, the city has a total area of . It was named for President of the United States, President William Howard Taft in 1909. History The town began as Siding Number Two on the Sunset Railroad. According to a display at the West Kern Oil Museum, local residents asked the Southern Pacific Transportation Company, Southern Pacific Railroad if the station could be named ''Moro'' when the rails arrived in about 1900, but a railroad official declined because the name would be too easily confused with the coastal town of Morro Bay, California, Morro Bay. Instead, the railroad directed the station be called Moron, a word which as yet had no associa ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Gross Domestic Product
Gross domestic product (GDP) is a monetary measure of the total market value of all the final goods and services produced and rendered in a specific time period by a country or countries. GDP is often used to measure the economic performance of a country or region. Several national and international economic organizations maintain definitions of GDP, such as the OECD and the International Monetary Fund. GDP is often used as a metric for international comparisons as well as a broad measure of economic progress. It is often considered to be the world's most powerful statistical indicator of national development and progress. The GDP can be divided by the total population to obtain the average GDP per capita. Total GDP can also be broken down into the contribution of each industry or sector of the economy. Nominal GDP is useful when comparing national economies on the international market according to the exchange rate. To compare economies over time inflation can be adjus ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Ernst & Young
EY, previously known as Ernst & Young, is a multinational corporation, multinational professional services partnership, network based in London, United Kingdom. Along with Deloitte, KPMG and PwC, it is one of the Big Four accounting firms, Big Four accounting firms. The EY network is composed of member firms of Ernst & Young Global Limited, a UK company Company limited by guarantee, limited by guarantee. EY is one of the largest professional services networks in the world. It primarily provides assurance services, assurance, tax, Information technology, information technology services (including managed services in areas like Cybersecurity, Cloud computing, Cloud, Digital transformation, Digital Transformation and Artificial intelligence, AI), management consulting, consulting, and Corporate services, advisory services to its clients. Ernst & Young Global Limited operates as a network of member firms which are structured as separate legal entities in a partnership, which has 395 ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Bakersfield, California
Bakersfield is a city in and the county seat of Kern County, California, United States. The city covers about near the southern end of the San Joaquin Valley, which is located in the Central Valley region. Bakersfield's population as of the 2020 Census was 403,455, making it the 47th-most populous city in the United States and the 9th-most populous in California. The Bakersfield–Delano Metropolitan Statistical Area, which includes all of Kern County, had a 2020 census population of 909,235, making it the 62nd largest metropolitan area in the United States. Bakersfield is a significant hub for both agriculture and energy production. Kern County is California's most productive oil-producing county and the fourth most productive agricultural county (by value) in the United States. Industries in and around Bakersfield include natural gas and other energy extraction, mining, petroleum refining, distribution, food processing, and corporate regional offices. The city is t ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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South Belridge Oil Field
The South Belridge Oil Field is a large oil field in northwestern Kern County, San Joaquin Valley, California, about forty miles west of Bakersfield. Discovered in 1911, and having a cumulative production of over of oil equivalent at the end of 2023, it is the fourth-largest oil field in California, after the Midway-Sunset Oil Field, Kern River Oil Field, and Wilmington Oil Field, and is the sixth-most productive field in the United States. Its estimated remaining reserves, as of the end of 2008, were around out of approximately 10.2 billion barrels of original oil in place, and it had 6,253 active wells. p. 63. The principal operator on the field was Aera Energy LLC, a joint venture between Royal Dutch Shell and ExxonMobil. Additionally, the field included the only onshore wells in California owned and operated by ExxonMobil. Setting The oil field is located along State Route 33, between the junctions with State Route 58 on the south and State Route 46 on the north. ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Aera Energy
Aera Energy LLC (or simply Aera) is a natural gas, oil exploration and production company started as a joint venture between Shell plc (through Shell USA) and Mobil (which later merged to form ExxonMobil). Headquartered in Bakersfield, California, Aera Energy LLC is a California limited liability company, and one of California's largest oil and natural gas producers, with an approximate 2015 revenues of over $2 billion. Aera is operated as a stand-alone company through its board of managers. In August 2022, IKAV, a European investment company, announced it was buying Aera from Shell and ExxonMobil. In July 2024, California Resources Corporation completed a $2.1 billion, all-stock purchase acquisition of Aera. Business areas Most of Aera's production is located in the San Joaquin Valley. The company also has oil field operations in Ventura, Monterey and Fresno counties and has begun the permitting process to redevelop the East Cat Canyon oilfield in northern Santa Barbara ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Miraah
Miraah is a solar thermal energy plant that is under construction in Oman for the production of steam for solar thermal enhanced oil recovery. In July 2015, Petroleum Development Oman and GlassPoint Solar announced that they signed a $600 million agreement to build the 1 GWth solar field. The project will be one of the world's largest solar field measured by peak thermal capacity. The plant uses large mirrors to focus sunlight and convert oilfield water into steam, which is then used to extract viscous or Heavy oil production, heavy oil from the ground. This method is used as an alternative to steam generated from the burning of natural gas. Overview Miraah will be one of the world's largest solar plants, with a solar thermal capacity of 1,021 MW. Construction on the project began in October 2015, with first steam produced in November 2017. A few months later, in February 2018, the facility was officially inaugurated. The project has a daily steam output of up to 6,000 tons, t ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Petroleum Development Oman
Petroleum Development Oman (PDO) is the leading exploration and production company in the Sultanate of Oman. The Company delivers the majority of the country's crude oil production and natural gas supply. The company is owned by the Government of Oman (with a 60% interest), Royal Dutch Shell (34%), TotalEnergies (4%) and Partex (2%). The first economic oil find was made in 1962, and the first oil consignment was exported in 1967. History A geological survey of the country in 1925 by the D'Arcy Exploration Company found no conclusive evidence of oil. Twelve years later, when American geologists began intensively searching for oil in neighboring Saudi Arabia, Sultan Said bin Taimur granted a 75-year concession for central Oman to the Iraq Petroleum Company (IPC), and a separate concession for the province of Dhofar. Pausing only for the Second World War, exploration for oil was under way in Oman. IPC created an associate company, Petroleum Development (Oman and Dhofar) Ltd, to ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |