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Pulse Oil Corp. Announces Exciting Conclusions in the Nisku D & E Enhanced Oil Recovery Petrotechnical Modelling Study
Pulse Oil Corp. Announces Exciting Conclusions in the Nisku D & E Enhanced Oil Recover...
About this update from Pulse Oil Corp.
[{"type":"text","content":"\n\n\n\nPulse Oil Corp. Announces Exciting Conclusions in the Nisku D & E Enhanced Oil Recovery Petrotechnical Modelling Study\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n\n\n\n\n\n\nPulse Oil Corp. Announces Exciting Conclusions in the Nisku D & E Enhanced Oil Recovery Petrotechnical Modelling Study\nCanada NewsWire\nCALGARY, June 11, 2019\n\n\n\nCALGARY, June 11, 2019 /CNW/ - Pulse Oil Corp. (\"Pulse\" or the \"Company\") (TSX-V: PUL and PUL.WT) is pleased to announce the key findings of Pulse's enhanced oil recovery (\"EOR\") study. \nSchlumberger Canada Ltd, one of the world's leading providers of technology for reservoir characterization, drilling, production, and processing to the oil and gas industry, was awarded the contracts to complete all three phases of the Company's petrotechnical modelling of the Bigoray Nisku D and E Pools, prior to physical implementation of the EOR schemes.\nThe three phases of Pulse's EOR study were defined as: \nGeological Study\nGeological and Geophysical Modelling\nReservoir Simulation \nThe EOR study has an effective date of March 2019 and the key factors and the conclusions from the EOR study are as follows:\nThe three phases of the EOR study, conducted by Schlumberger Canada Ltd. are the first ever 3-dimensional analysis on the Nisku D & E pinnacle reefs. The reservoir simulation conducted as part of the EOR study included over 200 separate computer iterations of historical production, adjusting the geo-model after every iteration to ensure the model was as accurate as possible based on historical production and modern 3-D interpretations, before beginning the solvent flood forecast. The detailed simulation allowed the team to model the most effective positioning of solvent injectors, pressures and rates of injected fluids and optimum production take-points to maximise ultimate recovery from these established pools. The go-forward simulation under the EOR program resulted in a peak estimated Nisku D-Pool production rate of approximately 2,000 barrels of oil/day, with peak production, inclu...