Primary Recovery

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Definition of 'Primary Recovery'

The first stage of oil and gas production, in which natural reservoir drives are used to recover hydrocarbons. Due to the difference in pressure within the reservoir and at the bottom of the well, hydrocarbons are driven towards the well and to the surface. During primary recovery, typically only 5-15% of initial hydrocarbons are produced for oil reservoirs. 

Also called primary production.

 

Investopedia Says

Investopedia explains 'Primary Recovery'

Oil and gas companies will expend less money retrieving the resources from the ground during this initial phase. As production continues the reservoir pressure will decrease and hence the differential pressure decreases, which may necessitate the use of a pump to increase production. The limit for primary recovery is generally reached either when the reservoir pressure is too low, or the mix of gas or water in the output stream is too high. The next stage then involves the use of secondary recovery techniques such as gas injection or flooding.

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'Primary Recovery'

  • Denbury Resources: A Leader In Tertiary Oil Recovery

    http://stocks.investopedia.com/stock-analysis/2011/Denbury-Resources-A-Leader-In-Tertiary-Oil-Recovery-DNR-OXY-REN-HES0602.aspx
    ... The general rule used by the industry is that primary recovery operations will produce
    approximately 20% of the original oil in place (OOIP), while secondary ...
  • Denbury Resources Loves Enhanced Oil Recovery

    http://stocks.investopedia.com/stock-analysis/2011/Denbury-Resources-Loves-Enhanced-Oil-Recovery-DNR-PXP-OXY-REXX1123.aspx
    ... Resources core strategy involves injecting carbon dioxide into oil reservoirs that
    have already produced, using primary and secondary recovery operations. ...
  • Dow Theory: The Three Phases Of Primary Trends | Investopedia

    http://www.investopedia.com/university/Dowtheory/Dowtheory3.asp
    ... phase, they did so with the assumption that the worst was over and a recovery lay
    ahead. As this starts to materialize, the new primary trend moves into what ...
  • Denbury Resources: King Of Tertiary Recovery

    http://stocks.investopedia.com/stock-analysis/2010/Denbury-Resources-King-Of-Tertiary-Recovery--DNR1122.aspx
    ... This compares to a 20% recovery rate during primary operations, and a further
    18% recovery during secondary water flooding operations. ...
  • Oil Services Earnings Hint At Recovery

    http://stocks.investopedia.com/stock-analysis/2010/Oil-Services-Earnings-Hint-At-Recovery-HAL-SII-NOV-SLB0430.aspx
    ... saying, "increased drilling activity in the North American market was the primary
    driver of ... Any recovery was put off until the second half of 2010 and 2011. ...
  • Jobless Recovery: The New Normal Since 1990

    http://www.investopedia.com/articles/economics/10/jobless-recovery-the-new-normal.asp
    ... international exports reduces jobs, some economists justify a jobless recovery with
    the ... of reliable income provides a safety net should your primary source of ...
  • Recovery Rides In On The Rails

    http://stocks.investopedia.com/stock-analysis/2010/Recovery-Rides-In-On-The-Rails-UNP-CP-CNI-NSC-CSX-BTU0518.aspx
    ... It is, after all, the primary source of power in this country, and whatever ... coal
    is on the move again, and that suggests to me that the economic recovery is on ...
  • Can Alcoa's Recovery Continue?

    http://stocks.investopedia.com/stock-analysis/2011/Can-Alcoas-Recovery-Continue-AA-FCX-AWC-ACH-RIO-KALU-DOW0413.aspx
    ... Production in alumina and primary metals was not that robust, but the ... It seems entirely
    plausible that a sustained economic recovery will allow Alcoa to ...
  • Will The Market Show Faith In An Aluminum Recovery?

    http://stocks.investopedia.com/stock-analysis/2010/Will-The-Market-Show-Faith-In-An-Aluminum-Recovery-AA-VALE-AU-NEM-FCX-RTP-BA1008.aspx
    ... Will The Market Show Faith In An Aluminum Recovery? ... by strength in alumina (a naturally
    occurring ore used in the smelting of metal) and primary metals, and ...
  • Dow Theory: The Three-Trend Market | Investopedia

    http://www.investopedia.com/university/Dowtheory/Dowtheory2.asp
    ... Next: Dow Theory: The Three Phases Of Primary Trends ... The global economy continues
    to recover slowly, as the US recovery picked up steam ... Read More ยป; ...

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