Nanofluid is a wellbore remediation treatment for paraffin deposition and reduce the decomposition temperature of the asphaltenes.
Nanofluid drastically improves oil recovery by generating hydrogen gas, significant BTUs, creates a NaOH surfactant, and new reservoir pressure.
Oil companies require a new technique to recover trapped oil. NaNoEOR™ is a transformational green EOR production enhancement solution!
Nanofluid reduced ultra-heavy oil viscosity 99% of 400,000 cP. Achieves 70-90% interfacial tension reduction, and alters wettability for high sweep efficiency of injected nanofluid to increase incremental oil production.
Oil reservoirs are experiencing their second half of life. Hence, the necessity of a novel EOR method like NaNoEOR™ that extends the oil well's longevity.
Nanofluid will change EOR by improving oil displacement and mobility to significantly increase incremental oil production in declining wells that extends the asset's life and increases the future asset value.
The novel Nanofluid is an added value solution for oilfield chemical company's surfactant/polymer products for improved EOR production enhancement.
Global Enhanced Oil Recovery (EOR) market is projected to have moderate growth over the near-to-long term. The EOR market, estimated at US$776.4 Million in 2020, is projected to reach US$1 Billion by 2026, registering a compounded annual growth rate (CAGR) of 4.9%.
Long-term demand is expected to remain stable. Oil production from existing shale wells is leading to the rising demand for EOR techniques such as NaNoEOR's novel nanotechnology that is emerging as one of the best low-cost EOR solutions and EOG Resource's miscible gas injection that is showing positive results.
The age of `easy oil` has come to an end. Today's emphasis is on extracting crude oil from existing oil fields and to extend the longevity of declining oil wells.
The need to improve efficiency of extraction operations is fueling growth for novel EOR techniques such as the game-changing NaNoEOR™ nanotechnology combined with oilfield chemical company's surfactant/polymer products.
NaNoEOR's nanofluid is a step-change EOR technology to benefit oilfield customers.