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Innovation and New Technologies

OMV’s E&P strategy is to apply state-of-the art technologies developed in-house to well-maintained assets to pilot these technologies and to promote rapid global implementation. The current focus of research and development is on improving recovery rates and extending the lifetimes of mature fields. Technologies that OMV successfully implements are made available to the public at the OMV Innovation&Technology Center (ITC) in Austria.

Smart Oil Recovery (SOR) is an innovative method to optimize Enhanced Oil Recovery (EOR) in mature reservoirs like the Austrian Matzen field from 40% up to 60%. The life of the field is extended by injecting viscous salt water into the reservoir. The drilling workover campaign of SOR Project Phase 1 covering eight wells was finalized successfully and production commenced in Q1/22.

The Tech Center & Lab Teams in Austria and OMV Petrom Upstream Laboratories (ICPT) in Romania support all OMV assets globally as a center of excellence for analysis, testing, technology research, and consulting. In 2021, a new product line –geochemical modelling – was developed, and the first alkali viscous saltwater pilot was set up.