There is a current daily production crude oil shortfall of six million barrels. That shortfall has to be made up by imports from Canada, Venezuela and the Middle East. By opening up new fields for profitable production, daily production can eventually meet daily demand, and America can achieve energy security in crude oil.
The second most urgent demand for Argus (PRM) is in the Middle East. By continuously monitoring production and EOR operations (waterflood or CO2 injection), Argus can increase revenues in the Ghawar Field alone by $500 BILLION on more over the lifetime of the field—at current oil prices. Extrapolating this capability throughout the Middle East, the uplift is in the trillions of dollars, securing low-cost energy to fuel global economic growth for generations and contributing to global security.
Designed with ❤️️ by Blue Light Labs Inc.