Addressing the Issue of EOR

Pune, India (PressExposure) March 15, 2012 -- The issue of EOR is presently critical to Gulf countries according to Justin Dargin, Research Fellow, The Dubai Initiative/Harvard-Kennedy University, Dubai

Gulf countries use an enormous amount of natural gas for EOR at a time when the region is experiencing a gas supply shortage. To develop workable solutions to mitigate this problem, utilizing other gases such as nitrogen or carbon dioxide, would go a long way toward combating this issue.

According to Justin Dargin (Research Fellow, The Dubai Initiative/Harvard-Kennedy University, Dubai), "The issue of using enormous amounts of natural gas to maintain reservoir pressure is problematic, as well as increasing the overall efficiency of the process. As the world's oil becomes heavier and oil fields become more mature, intelligent methods of continuing high production rates is essential going forward to meet increasing global demand."

Speaking at the Enhanced Oil Recovery Conference Justin Darghin's topics will focus on, Role of GCC in EOR and Commercialization of EOR techniques.

Justin Dargin is a Research Fellow at The Dubai Initiative & Harvard Kennedy School and a Fulbright Scholar of the Middle East. He is a specialist in

International Law and Energy Law, and a prolific author on energy affairs. He specializes in carbon trading, the global oil and gas market, the legal framework surrounding the Gulf energy sector and Middle Eastern geopolitics. Before coming to Harvard, Justin studied at Georgetown University Law Center (honors) where his thesis researched the development of a potential carbon trading platform in the Gulf and its impact on foreign direct investment in the regional energy sector.

The use of EOR will play a key role in the future long term supply of oil to meet world demand. Conventional resources are maturing and the industry is experiencing limited volumes of discoveries of new conventional resources to replace production. At the same time, the growth in demand for oil is increasing at a steady pace with emerging economies dominating the world markets.

Enhanced Oil Recovery conference taking place on 27 - 28 March at Park Rotana in Abu Dhabi will host Justin Dargin and other EOR experts from organizations like MOL, Kuwait Energy, Linde Group , Glori Energy and Stedin to discuss the best practices for EOR.

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Press Release Submitted On: March 15, 2012 at 7:39 am
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