Nanofluid Benefits:
- ~$8.00/Bbl all-in cost
- Payback is ~1 to 2 months
- Initial pilot surged from a mere one-half barrel to 20 bbls
- Non-toxic and 100% biodegradable
- ~99% viscosity reduction of ≥75,000 centipoise
- Remediates paraffin or asphaltene
- Improves flow assurance near wellbore
- Improves capillary pressure, enhancing stripper well production
- Upgrades heavy oil gravity by ~8 API permanently
- Increases proved reserves
- Nanoparticles penetrate shale oil fractures enhancing production
- Avoids plugging uneconomic wells
- Wettability alteration enhances oil displacement
- Interfacial (ITF) tension reduction releases trapped oil
- Alters reservoir rheology, improving oil flow
- Permeability is significantly increased
- Enhances sweep efficiency in bypassed trapped oil zones
- Contributes to oil emulsification improving mobility ratio
- ~42% sulfur reduction of heavy oil
- Increases recovery of OOIP
- Parrafin or asphaltene precipitation is reduced or possibly prevented
- Improved displacement reduces residual oil saturation
- Extracts heavy oil more economically than steam injection
- Benefits shale oil, light oil, heavy oil and oilsands