Occidental's ongoing application of advanced technologies
has been a key factor in increasing production rates and achieving
the company's operational goals. Using these new technologies
in drilling and production activities improves recovery rates,
reduces waste volumes, improves overall drilling success, and causes
less environmental disruption.
Occidental's creative and cost effective application of advanced
technologies promotes fast track decision making, continued rejuvenation
and growth while helping achieve optimal results.
In most cases, multiple technologies are recommended and applied
after Occidental's geoscientists evaluate the specific reservoir's
characteristics.
For example, Occidental's
Permian operations utilize CO2 flood technology in certain fields
while using water flood and electric
submersible pumps (ESP)
in others. In Oman, Occidental
drills multilateral horizontal wells based on 3D seismic interpretation
and recovers the inplace oil with gas reinjection and waterflood
technology. In Qatar, Occidental continues to increase recovery
rates in the ISND and ISSD offshore fields by applying advanced
technolgies.
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