NaNoEOR™ nanoparticles maximizes oil production with no environmental footprint or toxic chemicals.
NaNoEOR™ reduces viscosity, reduces interfacial tension, and alters wettability for improved sweep efficiency to improve mobility to significantly increase incremental oil production.
Finding an economical, environmentally friendly and efficient method to extract remaining oil remains a challenge. Oil companies continuously look for novel techniques to recover trapped oil.
NaNoEOR's nanofluid drastically improves oil recovery by its in-situ exothermic reaction creating an in-situ surfactant modifying the oil's rheology.
Oil reservoirs around the world are experiencing their second half of life. Hence, the necessity of an a novel EOR method like NaNoEOR™
NaNoEOR™ could change EOR by improving oil displacement to maintain oil production in declining wells and extend the asset's life.
NaNoEOR's nanofluid offers novel solutions compared to traditional production enhancement techniques.
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%.
EOR can recover up to 60+% of the total reservoir oil. 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 the NaNoEOR™ nanotechnology.
NaNoEOR's novel nanotechnology is emerging as one of the best low-cost EOR solutions. The age of `easy oil` has come to an end. Today's emphasis is on extracting crude oil from existing oil fields.
The need to improve overall efficiency of extraction operations are fueling growth for novel EOR techniques such as the novel NaNoEOR™ nanotechnology that will become relevant owing to its eco-friendly attribute with no toxic chemicals and its ability to economically increase oil production.