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World Energy Outlook 2007

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Oil and Gas<br />

The production profile of existing and future fields in India is a major source of<br />

uncertainty. Enhanced oil recovery techniques have been applied to only 26 of the<br />

136 fields currently producing, most of which have proven and probable reserves<br />

of more than 50 million barrels (Mb). With higher oil prices in the High Growth<br />

Scenario, enhanced recovery techniques could be profitably applied to more fields,<br />

even though these techniques are expensive for very small fields. We estimate that<br />

the application of such techniques to fields with proven and probable reserves as<br />

low as 20 Mb could add 120 thousand barrels per day (kb/d) to Indian production<br />

by 2030, two-thirds of which could come from the 12 largest existing fields<br />

(Table 19.3). It would significantly raise the recovery rate 3 , which currently<br />

averages 24% at existing fields and 21% for fields where only primary recovery<br />

techniques are used. At fields where improved and enhanced recovery techniques<br />

are used, recovery rates today average close to 33%. Our analysis only covers the<br />

12 largest producing fields. The potential for raising production from eight<br />

currently producing fields holding more than 50 Mb, which are not covered by<br />

our analysis, is not thought to be large. In practice, it is unlikely that it would be<br />

economic to deploy secondary and tertiary recovery at all fields. In addition, the<br />

application of enhanced recovery techniques in the higher price environment of<br />

the High Growth Scenario is based on the uncertain assumption that price reform<br />

in the oil and gas sector, by alleviating the burden of funding subsidies, allows the<br />

oil companies to invest more in upstream projects.<br />

Table 19.3: Incremental Oil Production from the Deployment of Enhanced Oil<br />

Recovery in the High Growth Scenario* (kb/d)<br />

2010 2015 2030<br />

Top 12 existing fields** 83 92 82<br />

Identified non-producing fields 22 51 38<br />

With reserves higher than 50 Mb (6 fields) 16 33 25<br />

With reserves higher than 30 Mb (5 fields) 6 15 11<br />

With reserves higher than 20 Mb (4 fields) 0 3 2<br />

Total 105 143 120<br />

* Relative to the Reference Scenario.<br />

** See Table 17.3 for the names of the 12 largest producing fields.<br />

Note: Production figures are based on the assumption that EOR techniques are applied to all fields, allowing<br />

recovery of an additional 10% of the oil originally in place.<br />

3. The recovery rate is the percentage of the estimated volume of oil in a field that is actually recovered over the<br />

production life of the field.<br />

566 <strong>World</strong> <strong>Energy</strong> <strong>Outlook</strong> <strong>2007</strong> - INDIA’S ENERGY PROSPECTS

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