Study on enhanced recovery in hydrocarbon fields in Hungary

The Upstream Management decided at the beginning of 2007 to review in details the opportunities for increasing recovery from the 130 domestic hydrocarbon fields under the company’s operation.

In the first phase of the revision and based on reservoir engineering studies, the experts identified 36 fields as potentially applicable for further and more detailed studies. In the second phase the production concepts were elaborated for the relevant fields, the resources required for the developments were identified, and the OPEX estimate was prepared. Economic feasibility studies were prepared based on the available information and for 27 fields or fieldgroups the indicators showed certain conditions that could be regarded as attractive enough for launching the preparations for the developments. The field development proposals were
categorised into four groups subject to the technical content and time scale of the projects and the EB approved the proposals.
Based on the preliminary studies MOL will be able to produce 3,5 Moet additional hydrocarbon during the forthcoming years from these domestic fields.
In the meantime, one out of the 27 projects has been implemented, and 9 other projects are in the preparatory phase, whereas the remaining projects will require further and more detailed studies.
Three fields were identified as potentially applicable for underground gas storage with significant capacity. Specific analysis and studies are in progress in the said fields.

László Paczuk