I was visiting with a president of a small company at lunch one day. He remarked that he had a tired old water flood. He wanted to “get rid of it.”

Wise oil and gas engineers are turning their attention to existing water floods. They want to get the most out of these legacy floods.

Proven’s Optiflood process gets you the most out of your legacy water floods. It helps you find infills to increase oil rate. It provides you with new injectors to improve sweep and reserves.

Proven has rejuvenated many tired old floods. We almost always improve oil rate and reserve recovery. In fact, on 95% of the pools we review we find ways to add more than $20 million in net asset value.

Optiflood is Proven’s water flood optimization process.

Many companies have acquired pools with floods already in place. Some have been injecting for years without much review for production increases.

Using Optiflood, Proven produces results in ten areas.

Optiflood picks the right injectors in the right locations. It ensures injection of the right amount of water in the right locations. It sources sufficient injectant.

Optiflood keeps the pressure at the right level. It ensures the right mobility. It sweeps the right parts of the reservoir.

Optiflood manages the water cut correctly. It uses the right facilities to manage the increased fluids. It manages the new operations mindset.

Finally, Optiflood infills in the right locations.

Contact Proven Reserves and find out how our Optiflood process can add value to your existing pools.

~Granger J. Low

Due to the time value of money, every month you defer an action that adds net asset value, you lose 1% of your value. Depending on your discount rate, it could be more.

If it takes you 6 months to do get a project done but Proven can complete it in less than a month, you’ve lost 5% of your value.