Recovery by EOR Technologies,
What is Tertiary Recovery?
Tertiary Recovery, also called Enhanced Oil Recovery or "EOR" is the 3rd and last 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 Tertiary Recovery - 55% to 85% of the original oil in place remains! The Department of Energy and petroleum engineers are on record in stating that Tertiary Recovery has the potential to recover up to 60% of the remaining 55% to 85%! This means that in the USA, Tertiary Recovery has the potential to recover up 240 Billion barrels of oil. At $100/bbl, Tertiary Recovery represents a $24 Trillion market opportunity (in the U.S.A.).
EOR Technologies is a new company presently raising capital for deploying new Enhanced Oil Recovery technologies and seeking to expand the role of Enhanced Oil Recovery technologies in the U.S. and to end our dependence on foreign fossil fuels.
EOR Technologies represents a significant opportunity for oil and natural gas well owners and operators to significantly increase their oil production and revenues through our range of EOR technologies and services.
With the recent plunge in oil prices, our principal investor is now "on the sidelines" and we are seeking a new strategic partner/investor and provider of "turnkey" EOR services.
In the U.S., Tertiary Recovery represents a $24 Trillion market opportunity according to the U.S. The Department of Energy. The $24 Trillion figure is based on oil at $100/bbl. The DOE's studies and reports indicate that the U.S. can recover 240 billion barrels of oil through Tertiary Recovery.
According to the Renewable Energy Institute, Tertiary Recovery is the "bridge" we need that provides us the time to transition to home-grown renewable energy and away from fossil fuels.
Tertiary Recovery resolves several critical and strategic problems facing our country. First of all, we still need fossil fuel - here in the U.S., we have 240 billion barrels of oil we could recover with Tertiary Recovery technologies according to the Department of Energy. With oil at $100/barrel, we send over $1.3 Billion overseas EVERY day to import the oil we need. By deploying EOR Technologies here in the U.S., we create jobs here instead of in Saudi Arabia, Venezuela, Russia and China, and produce our own energy for our own consumption. If we started recovering the trapped or previously non-recoverable oil from America's own oil wells, we would never again need to import another drop of oil from overseas, saving almost $400 billion every year, and creating new jobs. Tertiary Recovery provides us the time and the bridge, to a more sustainable energy future."
And, there are environmental benefits and dividends as Tertiary Recovery can remove billions of tons of Carbon Dioxide Emissions from the atmosphere each year. CO2 is used in Tertiary Recovery to recover the previously non-recoverable oil and then sequester the CO2 in oil & gas reservoirs after the oil has been produced. Through CO2 Injection, the oil that would not have otherwise been recovered, is left behind in the oil well, "sequestered" permanently.
We are committed to reducing and eliminating greenhouse gas emissions and carbon dioxide emissions through our sustainable power and energy operations.
The United States has 240 Billion Barrels of Oil that we could recover through
Tertiary Recovery Technologies according to the Department of Energy.
Tertiary 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 Tertiary Recovery technologies, that this would produce about 30 billion additional barrels of oil.
Needs America's Oil!
Through CO2 Injection & Carbon Capture and Sequestration
Some of the following information courtesy of the Department of Energy
We Free Trapped Oil sm with technology-neutral EOR Technologies, including; ASP flooding, Chemical Flooding / Chemical EOR, CO2 Injection, CO2-EOR, Enhanced Oil Recovery (EOR), Gas Injection, Microbial EOR, Nitrogen Injection, Polymer Flooding, Solar EOR, Steam Injection and other EOR technologies according to each oil field's "optimum" solution. Some technologies provided by affiliated or partner companies.
Support America's Domestic Oil and Gas resources and 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 Energy Plan
3-5 million new jobs
Fuel Savings of > $1.50/gallon
American Energy Independence
Ends the worst economic depression of all time
Energy Investment Banking
Enhanced Oil Recovery
Domestic Oil and Gas production!
American jobs. American Energy Independence. Keeping the 1/2 Trillion dollars in America
we now send to OPEC and other foreign countries to buy the oil America needs. And most importantly,
to save the lives of America's brave soldiers, sailors and airmen presently fighting & dying for muslim oil.
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