EOG Resources has patented a method to prevent flaring at facilities by analyzing pressure measurements and adjusting back pressure on reservoirs. The system receives sensor data, compares it to a threshold pressure, and instructs wells to mitigate flaring events. GlobalData’s report on EOG Resources gives a 360-degree view of the company including its patenting strategy. Buy the report here.
Smarter leaders trust GlobalData
According to GlobalData’s company profile on EOG Resources, was a key innovation area identified from patents. EOG Resources's grant share as of February 2024 was 50%. Grant share is based on the ratio of number of grants to total number of patents.
Method for preventing flaring at a facility
A recently granted patent (Publication Number: US11891880B1) outlines a method for preventing flaring at a facility by utilizing pressure measurements from a downstream sensor. The method involves comparing these measurements to a threshold pressure to mitigate flaring events. If the pressure exceeds the threshold, the system analyzes injection response curves for multiple wells to identify the optimal well for adjusting back pressure on the reservoir. An instruction is then transmitted to the selected well to modify the back pressure, with options to increase it through choke valves or by reducing injection flow rates.
Furthermore, the patent includes provisions for determining multiphase inflow performance relationships and vertical lift performance curves for each well, aiding in the calculation of injection response curves. The threshold pressure for preventing flaring is set at approximately 160 psi. The patent also covers a non-transitory computer-readable medium with instructions for executing the method and a system comprising a facility, downstream sensor, and server. The server is equipped to receive pressure measurements, compare them to the threshold, analyze injection response curves, and transmit instructions for adjusting back pressure on the reservoir, with additional capabilities for increasing back pressure through choke valves or flow rate reduction at the selected well.
To know more about GlobalData’s detailed insights on EOG Resources, buy the report here.
Premium Insights
From
The gold standard of business intelligence.
Blending expert knowledge with cutting-edge technology, GlobalData’s unrivalled proprietary data will enable you to decode what’s happening in your market. You can make better informed decisions and gain a future-proof advantage over your competitors.
GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article.
GlobalData’s Patent Analytics tracks patent filings and grants from official offices around the world. Textual analysis and official patent classifications are used to group patents into key thematic areas and link them to specific companies across the world’s largest industries.
