USING CABLE SUSPENDED SUBMERSIBLE PUMPS TO REDUCE PRODUCTION COSTS TO INCREASE ULTIMATE RECOVERY IN THE RED MOUNTAIN FIELD IN SAN JUAN BASIN REGION

[摘要] A joint venture between Enerdyne LLC, a small independent oil and gas producer, and Pumping Solutions Inc., developer of a low volume electric submersible pump, suspended from a cable, both based in Albuquerque, New Mexico, has re-established marginal oil production from the Red Mountain Oil Field, located in the San Juan Basin, New Mexico by working over 17 existing wells and installing submersible pumps. Resume marginal oil production operations in the Red Mountain oil fields located in McKinley County, New Mexico by installing a cable suspended electric submersible pumping system (HDESP), determine if this system can reduce lift costs making it a more cost effective production system for similar oil fields within the region, and if warranted, drill additional wells to improved the economics. Three Phases of work have been defined in the DOE Form 4600.1 Notice of Financial Assistance Award for this project, in which the project objectives are to be attained through a joint venture between Enerdyne LLC (Enerdyne), owner and operator of the fields and Pumping Solutions Inc. (PSI), developer of the submersible pumping system. Upon analysis of the results of each Phase, the DOE will determine if the results justify the continuation of the project and approve the next Phase to proceed or terminate the project and request that the wells be plugged. This topical report shall provide the DOE with Phase I results and conclusions reached by Enerdyne and PSI.

[发布日期] 2003-11-01 [发布机构] Enerdyne LLC (United States)

[关键词] Financing;Mountains;02 Petroleum;Oil Fields;Economics