This paper examines the future conventional and enhanced oil recovery potential of the Appalachian Basin. It concludes that the cost of finding and producing a new barrel of reserves through exploration is $36. Further, even at prices up to $60 per barrel, conventional oil reserve additions from the Appalachian Basin are only projected at 500 to 700 million barrels.

The other main prospect for increasing recovery is to apply enhanced recovery methods to the 16 billion barrels of oil remaining in-place after primary and secondary recovery. Appalachia's shallow reservoirs, with relatively low pressure, porosity, and permeability, tend to have relatively high residual oil saturation at conclusion of primary and secondary recovery operation. Many of the same reservoirs properties, however, present engineering and economic problems that have limited the region's enhanced oil recovery applications to date. By examining the potential of eight reservoirs from the four largest oil producing Appalachian states, the paper concludes that the three EOR methods most amenable are carbon dioxide, surfactant flooding, and steam drive.

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