In The Oil MarketOil field operators typically achieve yields of 35% to 40%. That means for every 4 barrels of oil they get out of the ground, they leave 6 barrels behind. An increase in yield of oil fields of only 1 % will offer considerable commercial benefits, but it will also have a long term benefit to the planet in the better conservation of a precious and finite resource.For many years oil field operators have sought to increase yields by a variety of innovative (and sometimes even successful) means. The Portland Horn™ has three different applications in the oil industry
|