Energies 2010, 3, 1529-1575; doi:10.3390/en3091529 OPEN ACCESS energies ISSN 1996-1073 www.mdpi.com/journal/energies Review Enhanced Oil Recovery: An Update Review Vladimir Alvarado 1,* and Eduardo Manrique 2 1 Department of Chemical and Petroleum Engineering, University of Wyoming, Department 3295, 1000 E. University Ave, Laramie, WY, USA 2 TIORCO (NALCO & STEPAN Company), 2452 Trenton Way, Suite M, Denver, CO 80231, USA; E-Mail:
[email protected] * Author to whom correspondence should be addressed; E-Mail:
[email protected]; Tel.: +1-307-766-6464; Fax: +1-307-766-6777. Received: 27 June 2010 / Accepted: 10 August 2010 / Published: 27 August 2010 Abstract: With the decline in oil discoveries during the last decades it is believed that EOR technologies will play a key role to meet the energy demand in years to come. This paper presents a comprehensive review of EOR status and opportunities to increase final recovery factors in reservoirs ranging from extra heavy oil to gas condensate. Specifically, the paper discusses EOR status and opportunities organized by reservoir lithology (sandstone and carbonates formations and turbiditic reservoirs to a lesser extent) and offshore and onshore fields. Risk and rewards of EOR methods including growing trends in recent years such as CO2 injection, high pressure air injection (HPAI) and chemical flooding are addressed including a brief overview of CO2-EOR project economics. Keywords: enhanced oil recovery; EOR; reservoir lithology; CO2; steam injection; air injection; chemical flooding 1. EOR Status Most of the current world oil production comes from mature fields. Increasing oil recovery from the aging resources is a major concern for oil companies and authorities.