recovery factor


Also found in: Acronyms.

recovery factor

[ri′kəv·ə·rē ′fak·tər]
(petroleum engineering)
The ratio of recoverable oil reserves to the oil in place in a reservoir.
References in periodicals archive ?
spot of the play, where recovery factors of >10% have been forecast
Much has already come and more to come with sincere efforts being made to improve recovery factor with tertiary recovery still to take place," he added.
Reservoir properties and hence the recovery factor for the Barrow Group are significantly greater than previous assessments.
Higher viscosity of water leads to a more effective oil sweep which increases both the output as well as the ultimate recovery factor.
HPAM solutions are prepared at different concentrations of 500, 1000 and 1500 ppm to investigate the effect of solution viscosity on recovery factor.
First, determine the total up-front cost to implement a specific energy-saving initiative, and annualize that project cost by multiplying it by a capital recovery factor as follows:
To increase recovery factor and heighten field economics Powerwave is being applied to mobilize oil stranded in the non-fractured volume of the rock.
If this recovery factor can be increased by another five percentage points, that would boost worldwide recoverable reserves by more than all of Saudi Arabia's current proven reserves.
The data include trap style, depth to crest, lowest closing contour, OWC or GWC, hydrocarbon column height, pay formation, age, thicknesses, porosity, permeablity, petroleum saturation, oil and gas densities, viscosities and bubble points, gas/oil ratio, formation volume factor, water salinity and resistivity, reservoir pressure and temperature, field area, rock volume, oil/gas in place, recovery factor, start up date, production rates and number of wells.
Packers Plus' revolutionary new product, QuickFRAC, is on the cutting edge of efforts to increase the amount of oil and gas recovered from a well, known as the Recovery Factor (RF).
5 billion barrels, even small incremental improvements in the recovery factor can result in significant reserve and production gains.

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