Reviving Abandoned Reservoirs With High-Pressure Air Injection: Application in a Fractured and Karsted Dolomite Reservoir Semi-Annual Report: April-September 2005

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The field operator, Goldrus Producing Company, has been unable to secure funding needed to continue the field demonstration phase of the project. Accordingly, we have temporarily halted all project activities until necessary funding is obtained. Goldrus felt confident that funds could be acquired by third quarter 2005 at which time it would have been necessary to request a project extension to complete the originally designed study. A project extension was granted but it appears Goldrus will have difficulty securing funds. We Bureau of Economic Geology are investigating a new approach on how to fulfill our initial objectives of promoting high-pressure … continued below

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Loucks, Robert & Ruppel, Stephen C. February 1, 2006.

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The field operator, Goldrus Producing Company, has been unable to secure funding needed to continue the field demonstration phase of the project. Accordingly, we have temporarily halted all project activities until necessary funding is obtained. Goldrus felt confident that funds could be acquired by third quarter 2005 at which time it would have been necessary to request a project extension to complete the originally designed study. A project extension was granted but it appears Goldrus will have difficulty securing funds. We Bureau of Economic Geology are investigating a new approach on how to fulfill our initial objectives of promoting high-pressure air injection of Ellenburger reservoirs.

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Loucks, Robert & Ruppel, Stephen C. Reviving Abandoned Reservoirs With High-Pressure Air Injection: Application in a Fractured and Karsted Dolomite Reservoir Semi-Annual Report: April-September 2005, report, February 1, 2006; United States. (https://digital.library.unt.edu/ark:/67531/metadc879689/: accessed June 8, 2024), University of North Texas Libraries, UNT Digital Library, https://digital.library.unt.edu; crediting UNT Libraries Government Documents Department.

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