Services and Enhanced Oil
Recovery by EOR Technologies,
"Maximum Oil Production at the Least Cost on a Technology-neutral
United States will recover more than 300 Billion Barrels of Oil through
us on Twitter:
"Free Trapped Oil" sm
What is EOR Services?
EOR services are the Enhanced Oil Recovery services that are also referred to as tertiary recovery or tertiary oil recovery, is the 3rd and final stage of oil recovery.
When an oil well is first completed and oil production begins, this is called the primary oil recovery stage. Anywhere from 5% to 15% of the "original oil in place" (OOIP) in the oil well's reservoir is recovered via "natural" reservoir drive, meaning natural forces drive or displace the oil into the production well's well bore.
The secondary oil recovery stage is where additional production measures are installed wherein anywhere from 10% to 30% of the original oil in place is recovered.
When the secondary oil recovery stage is complete - and ready for Enhanced Oil Recovery - 55% to 85% of the original oil in place remains.
The Department of Energy and many industry experts are on record in stating that Enhanced Oil Recovery has the potential to recover up to 60% of the remaining 55% to 85% - which means that Enhanced Oil Recovery has the potential to recover up 300 Billion barrels of oil. At $100/bbl, Enhanced Oil Recovery represents a $30 Trillion market opportunity (in the U.S.A.).
Global revenues from Enhanced Oil Recovery production now exceed one trillion dollars/year. According to a recent report from energy research publisher SBI, the market for worldwide Enhanced Oil Recovery production will reach $1.3 trillion/year by 2015. http://www.sbireports.com/about/release.asp?id=2863
Enhanced Oil Recovery technologies would solve our trade deficit problems, create thousands of new jobs, and save the U.S. economy almost $400 billion/year and end our reliance and dependence on foreign oil suppliers. At the same time, sequester billions of tons of Carbon Emissions, as Carbon Dioxide is used in producing previously non-recoverable oil. When an oil well or oil field reaches the end of its normal life, as much as 75% of the "original oil place" is still left underground in the oil wells. That's because recovering previously non-recoverable oil is either too difficult or too expensive, or both. It has been estimated that by recovering just 1% of the previously non-recoverable oil through
Enhanced Oil Recovery technologies, that this would produce about 30 billion additional barrels of oil.
How Much Oil is There in the USA?
DOE estimates Colorado and Wyoming have
1.8 trillion barrels of oil that can be recovered with
Steam Injection - an EOR technology
America Needs America's Oil!
What is EOR Technologies?
EOR Technologies is a company that has been formed to deliver the optimum enhanced oil recovery solution on a "technology-neutral" basis. This is determined by reservoir/oil field analysis, history, present conditions and operations.
Over the past forty years, the enhanced oil recovery industry has produced a number of excellent and proven EOR technologies.
However, the optimum EOR technology for any one particular client with declining oil production, is dependent on a number of variables that must be identified and understood before selecting the correct EOR technology, including;
Specific oil reservoir type / condition
Depth of pay zone
Interfacial tension or IFT ( displacement efficiency)
Mobility control (sweep efficiency)
Overall condition of well
Reservoir's brine (salinity NaCl) content
Working condition of reservoir
among others. The "optimum" EOR technology for one reservoir and pay zone may not be the optimum EOR technology for another - even within the same oil field. That's why we are "EOR technology neutral." We apply the optimum EOR technology for each client's specific requirements for maximizing our client's oil recovery, at the least possible cost.
Enhanced oil recovery represents a significant opportunity for companies with declining oil production to significantly increase their oil production and revenues through our range of EOR technologies and services.
How much more oil can we produce from our "mature" oil field and wells?
Enhanced oil recovery or "EOR" represents a significant opportunity for companies with declining oil production to significantly increase their oil production and revenues through our range of EOR technologies and services.
As seen above, there are a number of variables that determine the potential increase in production for any particular application.
With that said, some of the EOR technologies can have a significant reversal in oil production. And by "significant," this could mean anywhere from a 100% increase in oil production to a 500% increase in oil production.
Would increasing your oil production from 2 bbls/day to 4 bbls/day for a 100% increase in oil production make a difference in your company's bottom line?
How about increasing your oil well's production from 10 bbls/day to 50 bbls/day for a 500% increase in oil production?
Moving forward with EOR Technologies and start increasing your oil production.
EOR Technologies is an "independent" EOR company that is EOR "technology-neutral." We provide the optimum EOR technology for companies seeking to reverse their declining oil production. EOR technology-neutral means that EOR Technologies is
* NOT a chemical company selling chemicals
* NOT an engineering company selling EOR engineering or petroleum engineering services
* NOT an equipment company, selling EOR equipment!
We have one simple goal; maximize our client's oil production at the least possible cost.
For us to assist, your oil production must be located in the USA or Canada and by an initial no-charge telephone consult, determine whether your oil wells/mature oil field may qualify and benefit from one of our EOR technologies.
After the no-charge telephone consult determines the need for us to test your oil wells and reservoir, we execute an agreement that authorizes us to send our personnel and equipment to perform the test and invoice for this service. The test determines existing conditions and the optimum EOR solution.
Once we have completed the test and analysis, we offer various options for moving forward including a no out-of-pocket expense option (for qualified oil wells/oil fields).
One of the EOR technologies that has proven highly successful on both shallow oil production and oil wells in excess of 8,000' - has an 85% success* rate for increasing oil production in as little as 5 days. We define success* by at least doubling our customer's daily oil production - in as little as 5 days! *Note: results vary from oil well to oil well and oil field to oil field. Increased oil production with this method may require 90 - 120 days.
We Free Trapped Oil sm with the optimum EOR "technology-neutral" solution. EOR Technologies' products, services and capabilities include:
Energy Investment Banking
Enhanced Oil Recovery
Mature Oil Field
Upstream oil and gas acquisitions
There can only be one "optimum" EOR solution per well/reservoir or mature oil oil field. EOR Technologies identifies that EOR solution to insure the maximum oil production for the least cost for our clients. Note: EOR technologies, products and services may be provided in part or in whole by affiliated companies or partner companies. Call/email us today for an initial consultation to discuss your declining oil production problems.
Note: Increased oil production results vary due to the enormity of oil
wells, oil fields, reservoirs and operating conditions of the well and
reservoir. Results will vary and oil production may be less than a 100%
increase and could also be greater than 500%. EOR technology deployed
may be provided in
part or in whole by partner or affiliate companies.
hundreds and hundreds and hundreds of billions of dollars every year for
oil, much of it from the Middle East, is just about the single stupidest
thing that modern society could possibly do. It’s very difficult to
think of anything more idiotic than that.”
~ R. James Woolsey, Jr., former Director of the CIA
According to R. James Woolsey, for Director of the Central Intelligence Agency, “The basic insight is to realize that global warming, the geopolitics of oil, and warfare in the Persian Gulf are not separate problems — they are aspects of a single problem, the West’s dependence on oil.”
American jobs. American Energy Independence. Keep the 1/2 Trillion dollars in America we now send to OPEC and foreign countries each year to buy the oil America needs. And most importantly, to save the lives of America's brave soldiers, sailors and airmen fighting & dying for muslim oil.
We Make Oil Recovery Profitable, Down to the Last Drop! sm
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