My company has recently acquired an oil field in the Middle East, but the current production is not meeting our expectations. How can I further develop and mine oil mineral resources while increasing oil production?
user
Before developing and mining any oil-related resources, your first priority should be to assess the area to gain better insight on its potential. You could gather seismic data or conduct drillings operations to better delineate oil reserves. You could also develop existing fields further by adding improved recovery techniques such as waterflooding, Gas Injection, Complementary and Extracircular Piloting. Additionally you could explore new technologies such as Enhanced Oil Recovery (EOR) or look into alternate methods of drilling that may decrease production costs and improve overall output rates.
assistant
My company has recently acquired an oil field in the Middle East, but the current production is not meeting our expectations. How can I further develop and mine oil mineral resources while increasing oil production?
user
To further develop and mine oil mineral resources and increase oil production, you could use techniques such as directional drilling to access new oil deposits, hydraulic fracturing to improve flow in existing wells, or evaluate ways of improving existing infrastructure in the area. You could also employ modern artificial intelligence technology like deep learning algorithms to forecast production more accurately.
assistant
My company has recently acquired an oil field in the Middle East, but the current production is not meeting our expectations. How can I further develop and mine oil mineral resources while increasing oil production?