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EOR, IOR Crucial to Boosting Oil Output

EOR, IOR Crucial to Boosting Oil OutputEOR, IOR Crucial to Boosting Oil Output

The application of modern enhanced oil recovery (EOR) and improved oil recovery (IOR) techniques are crucial to help the industry increase its extraction rate, research and technology director of the National Iranian Oil Company said.
"The current oil market entails us to shore up average oil recovery rate … A significant approach to reach the goal is the implementation of modern EOR and IOR methods in oilfields, which has been on NIOC's agenda for years," Mohammad Ali Emadi was also quoted as saying by Shana on Saturday.
The official was addressing a conference on "challenges and solutions to boost oil recovery" on the sidelines of the Second Iran International Exploration and Production Congress and Exhibition held in Tehran.
"Lack of clear approaches has hampered the drive to reach the envisaged target, which requires the responsible bodies to adopt efficient methods," Emadi added.

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