Tertiary Recovery

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Dictionary Says

Definition of 'Tertiary Recovery'

A technique used to extract the remaining oil from previously drilled and now less desirable reservoirs where primary and secondary extraction methods are no longer cost effective. Tertiary recovery has proven worthwhile in several parts of the United States, including Utah, Texas and Mississippi, where these reservoirs are less desirable because their oil is more difficult to extract or requires more processing. Either problem means that recovering this oil is more expensive and probably less profitable, but tertiary recovery can still be profitable if market prices for oil are high enough.
Investopedia Says

Investopedia explains 'Tertiary Recovery'

One way to stimulate tertiary recovery is to inject carbon dioxide (CO2) into a reservoir. This method can yield as much as 17% of a field's original oil in place. Occidental Petroleum, Denbury Resources and Anadarko Petroleum have used this technique in North America. One difficulty with CO2 injection is that petroleum companies must secure an adequate supply of CO2 before they can implement tertiary recovery.

Tertiary recovery is also called "enhanced oil recovery" or "EOR."
Search results for

'Tertiary Recovery'

  • Denbury Resources: King Of Tertiary Recovery

    http://stocks.investopedia.com/stock-analysis/2010/Denbury-Resources-King-Of-Tertiary-Recovery--DNR1122.aspx
    Denbury Resources is a major player in tertiary oil recovery methods, and it will
    use this technology to grow production 13-15% annually over the next 10 years ...

  • Tertiary Recovery Squeezes Out Every Drop

    http://stocks.investopedia.com/stock-analysis/2009/Tertiary-Recovery-Squeezes-Out-Every-Drop-SD-DNR-OXY-APC1014.aspx
    ... Article; Comments (0). Tertiary Recovery Squeezes Out Every
    Drop. Posted: Oct 14, 2009 11:34 AM by Eric Fox. ...

  • Denbury Resources Moves Westward

    http://stocks.investopedia.com/stock-analysis/2010/Denbury-Resources-Moves-Westward--DNR0610.aspx
    Denbury Resources has mastered the art of tertiary oil recovery
    operations and is moving it towards the Rocky Mountains. ...

  • 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
    ... Denbury Resources: A Leader In Tertiary Oil Recovery. ... Tertiary recovery involves
    the injection of carbon dioxide into these older wells to boost production. ...

  • Denbury Resources Bulks Up In 2010

    http://stocks.investopedia.com/stock-analysis/2010/Dec-Denbury-Resources-Bulks-Up-In-2010-DNR1222.aspx
    ... properties it acquired in a recent large acquisition, and the company is set to
    extend its expertise in tertiary recovery to new areas in the Rocky Mountains. ...

  • Obama Tax Policy May Increase Dependence On Imported Oil

    http://stocks.investopedia.com/stock-analysis/2009/Obama-Tax-Policy-May-Increase-Dependence-On-Imported-Oil-DNR-APC-RDS.A-BP0911.aspx
    ... EOR projects are those that "involve the application of one or more of nine listed
    tertiary recovery methods" that are used to increase the amount of ...

  • Worried About Natural Gas In 2010? Go For Oil

    http://stocks.investopedia.com/stock-analysis/2010/Worried-About-Natural-Gas-in-2010-Go-For-Oil--WLL-DNR-REN0104.aspx
    ... with 91% of its proved reserves in oil. The company has properties in
    Utah that are involved with tertiary recovery operations. ...

  • Exxon Mobil Rejuvenates Mature Oil Field

    http://stocks.investopedia.com/stock-analysis/2010/Exxon-Mobil-Rejuvenates-Mature-Oil-Field-XOM0125.aspx
    ... NYSE:DNR) is the king of enhanced oil recovery with a large tertiary recovery operation
    in Mississippi where carbon dioxide is injected into old oil fields. ...

  • Denbury Resources Leads In Enhanced Oil Recovery

    http://stocks.investopedia.com/stock-analysis/2009/Denbury-Resources-Leads-In-Enhanced-Oil-Recovery-DNR-EAC1117.aspx
    ... Denbury Resources specializes in tertiary oil recovery, where the company injects
    carbon dioxide into older, mature oil wells to enhance recovery of ...

  • Denbury Resources Loves Enhanced Oil Recovery

    http://stocks.investopedia.com/stock-analysis/2011/Denbury-Resources-Loves-Enhanced-Oil-Recovery-DNR-PXP-OXY-REXX1123.aspx
    ... Article; Comments (0). Denbury Resources Loves Enhanced Oil Recovery.
    Posted: Nov 23, 2011 09:41 AM by Eric Fox. ...

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