Prospecting for new oil reserves is a complex and high-cost endeavor, even when it involves traditional resources. The cost of geological prospecting operations and the cost of mistakes are higher still when investigating.....

STANDART RESURSIS LLP crude oil Supply Company, is the hub of more than 200 miles of pipelines. It has a 335,000 barrel storage system that supplies the Tuscaloosa refinery with both foreign and domestic crude oils. Crude oil is trucked or pipelined to five field stations. then delivered via pipeline. The station pumps a daily average of 40,000 barrels of crude oil blend. Field stations and pipeline status are continuously monitored by personnel from the control room.

Hard-to-recover reserves comprise about 70 percent of STANDART RESURSIS LLP’s project portfolio. These include residual deposits in depleted fields, low-concentration and low-porosity reservoirs, the development of which is....