Green Nanofluid Benefits:
- Extremely low CapEx and OpEx
- Injection treatment cost ~$9.00 / bbl. incremental production
- Payback is 1 to 3 months
- Non-toxic, non-corrosive, and 100% biodegradable
- Reduces heavy oil and oil sands viscosity 99%
- Eliminates Canadian operator’s costly carbon tax liability
- Increases proved oil reserves and asset value
- Extends the longevity of declining oil wells
- Increases reservoir pressure that enhances stripper well production
- Wellbore remediation treatment for paraffin and asphaltene deposition
- Improves post frac recovery in oil and gas reservoirs
- Benefits light oil, heavy oil, oil sands, shale oil, and natural gas liquids
- Achieves ESG standards that safeguard the environment
- Generates carbon credit revenue from emission-offset buyers
- Qualifies for California’s Low Carbon Fuel Standard tax credit
- Goal is to help oil companies achieve carbon-neutral oil production
- Nanofluid generates high-temperature heat that lowers viscosity, creates new reservoir pressure and sodium hydroxide surfactant in-situ
- 99% viscosity reduction (~400,000 cP ultra-heavy oil reduced to 259 cP)
- Wettability alteration makes the reservoir rock more water-wet
- Interfacial tension (IFT) reduction of 70% to 90%
- Increases permeability that achieves a higher sweep efficiency
- 1,000 nanofluid gallons = 2.9 million BTUs of energy
- Thermal cracking of carbon chain upgrades heavy oil increasing API
- Permanently lowers viscosity that remains unchanged on the surface
- Injected at ambient temperature in existing wellbores
- Alters the reservoir's rheology for better oil flow
- In-situ upgrading of heavy oil achieves pipeline and refinery requirements
- Core flood lab tests achieved ~36% increased recovery of oil in place
- Prevents or delay heavy oil asphaltene precipitation
- Reduces heavy oil sulfur content ~42%