Paper: Economic Evaluation of Water Sources for Waterflooding Programs

A short history of the development of ground water sources for waterflooding programs is given. The gradual trend from deep brine sources to shallower fresh or brackish water sources is discussed. A review of the development of the concept of a royalty, or in-place value in acquisition of water rights is presented. Finally, an analysis of cost data in developing, producing and transporting water is discussed in relation to present level of delivered prices for fresh and/or brackish water.