(Energy Analytics Institute, 30.Sep.2023) — Parex Resources said in late Sep. 2023 that its production strategy and approach were focused on three key things.
First, minimizing decline rates and maximizing net present value;
Second, enhanced oil recovery (EOR) and leveraging horizontal drilling, waterflood injection and gas reinjection; and
Third, unlocking liquid-rich gas fields using industry-proven techniques such as gas cycling.
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By Piero Stewart. © Energy Analytics Institute (EAI). All Rights Reserved.
