In January 2025, Tracerco partnered with World Oil to host a webinar on the latest innovative advancements in tracer technology for reservoir management. As part of the session, industry leaders shared insights on how low-risk, non-intrusive chemical tracer technology is reshaping the approach to phase production and well communication. Here’s a breakdown of the top 3 questions discussed during the Q&A section of the event:

 1.    Where are your customers finding the best ROI?

Tracerco's innovative tracer technology offers tremendous potential for return on investment (ROI). The use of tracers enables operators to obtain real-time insights into fluid flows and phase behaviour, improving decision-making and optimising field development strategies. By accurately tracking production and interwell communication, clients gain deeper understanding of their reservoirs, which directly enhances production efficiency and reduces costs. Industries focused on complex, multi-phase reservoirs, such as those in deepwater or unconventional fields, have reported some of the best ROI, especially when utilising Tracerco's non-intrusive measurement methods.

 2.    Does the geology of the Permian Basin have any significant effects on the flow assurance issues detected in reservoirs, wells, or surface facilities there?

The Permian Basin’s complex geology presents unique challenges for flow assurance. Varying rock and fluid properties, along with unpredictable flow behaviours, make it difficult to track and manage reservoir production. Tracerco's tracer technology helps resolve these challenges by providing continuous, direct measurements of phase flow. This technology allows operators to observe flow patterns and phase segregation within the wellbore, which is critical for optimising production in complex geological settings like the Permian Basin. It offers a detailed understanding of how fluids behave at the reservoir, well, and surface facility level, providing invaluable insights for enhanced field management.

 3.    Are there any limitations to the application of tracers?

While chemical tracers are a powerful tool for reservoir management, their application does come with some limitations. One key challenge is ensuring that tracers are compatible with the specific fluids and conditions of a well. For example, some highly viscous or corrosive fluids may affect the performance of certain tracers. Additionally, while non-intrusive, tracers may not always provide complete visibility in extremely complex reservoir environments. Tracerco is continuously advancing its technology to overcome these challenges, ensuring that their tracers can be applied in an even broader range of conditions.

Conclusion

Tracerco’s commitment to delivering innovative, non-intrusive tracer technologies is transforming reservoir management. By providing precise, actionable data, operators can make smarter decisions, optimise field development, and enhance well production. The insights shared during the World Oil webinar highlight the growing importance of leveraging tracer technology to drive efficiency and overcome industry challenges.

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