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A novel, autonomous and REVersible Inflow control VALve to increase oil production and reservoir recovery rate by stopping the production of unwanted water and gas locally in the reservoirs (REVIVAL)
Start date: Aug 1, 2013, End date: Jul 31, 2015,
REVIVAL focuses on the problem of maximising recovery of oil from wells and prolonging their productive life; a commercial imperative for the industry and a response to EU policies to secure Europe’s energy supply in respect to oil.Globally only 32% of available oil reserves are extracted from oil fields. A 5% increase in the recovery factor would yield as much oil as is expected from all future e ...
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