6
WET/EIG Oil Ionizer treats and recovers fresh & weathered crude increasing revenue from existing production Using only the ionizer in upstream oil production increases API Example: Before 12° After 18° (typical) @100,000BOPD and 10c per API° = $6000 per/day increased revenue, or Example: Before 16° After 23° (typical) @100,000BOPD and 10c per API° = $2,555,000 per/year increased revenue Using the Ionizer in produced water reduces oil content to <1% Example: 30,000BWPD at 4%oil content recovers = 900BOPD @ $70 per/BBL = $63000 per/day increased revenue @ $70 per/BBL = $22,995,000 per/year increased revenue Operating cost = Ionizer lease, settling area and low

Oil ionizer

Embed Size (px)

DESCRIPTION

 

Citation preview

Page 1: Oil ionizer

WET/EIG

Oil Ionizer treats and recovers fresh & weathered crude

increasing revenue from existing production

Using only the ionizer in upstream oil production increases APIExample: Before 12° After 18° (typical)

@100,000BOPD and 10c per API° = $6000 per/day increased revenue, orExample: Before 16° After 23° (typical)

@100,000BOPD and 10c per API° = $2,555,000 per/year increased revenue

Using the Ionizer in produced water reduces oil content to <1%Example: 30,000BWPD at 4%oil content recovers = 900BOPD

@ $70 per/BBL = $63000 per/day increased revenue@ $70 per/BBL = $22,995,000 per/year increased revenue

Operating cost = Ionizer lease, settling area and low pressure pump

Page 2: Oil ionizer

Oil Ionizer treats and recovers weathered crudeincreasing revenue from existing production

Developed over 15 yearsUsed throughout Northern America

Internationally tested in Qatar, Kuwait and OmanMillions of barrels oil/water emulsions processed

Modular Easy to install

Low operating pressure (3-6Bar) and temperature (ambient)

20 molecule standard water reduced to 3-5

molecules=

Better injection rates and better oil separation

No chemicals used in the oilOnly biodegradables for remediation

Environmentally friendlyRecovers oil from:1. Produced

water2. Tank bottoms3. Vessel tanks4. Oil lakes5. Sludge

Page 3: Oil ionizer

WET/EIG

Oil Ionizer results and potential Company: Oilwell Technologies & Enhancement CorpPresident: David MeltonDate: 29th September 1995Location: Santa Maria, CaliforniaPurpose: Install Ionizer at oil well for the purpose of upgrading the specific gravity of the crudeResults: Lab tests reflected a 30% increase in the specific gravity (9.5-12.2) from the oil produced from the UCB #1. At the time this company received an additional 15 cents per gravity point increase.

Company: Sctek IncPresident: Paul Downey

Date: 19th June 2003Purpose: Financial potential of the Ionizer

Assumptions:Oil producers are willing to pay $1 per incremental BBL

40% increase in daily production expected from most reservoirsExample: Saudi Aramco, 6 million BOPD

the Ionizer will increase production by 2.4 million BOPDAnnual revenue of $860,000,000 for technology owner and $21.5 billion

additional revenue for Saudi Aramco at $25 per bbl

Page 4: Oil ionizer

WET/EIG

Oil Ionizer increasing revenue from existing production

Results1. Water is thinned (from 20 to 3-5 molecules)2. Emulsions break 3. Oil separates easily4. Metals drop out of suspension

Capacity (m3/day)

32

155

1,360 4,540 9,100

Length (meters)

1 2.5 2.5 5 13

Diameter (cm)

5 10 15 51 92

Page 5: Oil ionizer

•Tank bottom mixed with fresh crude or diesel

•Continuous or batch mode

•Knocks out all water, biomass and solidswater in crude <1%

•Upgrades the blendincreases API beyond conventional mixing

Typical examples (dependent on feedstock)

4° sludge + 20° crude + Ionization = 16°API blend5° tank bottoms + diesel + Ionization = 30°API blend

WET/EIG

Oil Ionizer Cleaning tank bottoms/vessels

Oil sampling while operational

Creates a homogenous blend that can be fed into current production train

About to sign new contracts for lake oil recovery in AlbaniaIn planning phase for demonstrating Ionizer in Turkmenistan

Page 6: Oil ionizer

WET/EIG

Oil Ionizer – the way forwardWET/EIG would welcome the opportunity to work with (insert specifics) in the following manner:

1. WET/EIG visit (insert specifics)

2. (Insert specifics) provide information to WET/EIG of the area for potential growth by use of the Oil Ionizer.

3. WET/EIG build operating data and take 4 x 20litre representative samples

4. Following analysis of the operating data and samples WET/EIG will provide a business proposal to include:a) Equipment and personnel requiredb) Details of an in-line demonstrationc) A profit-sharing or lease agreement upon success of the demonstration

SUMMARY

Increasing revenue from every API° raised for every BBL oil producedIncreasing revenue via oil recovery from every BBL of produced waterIncreasing revenue from salvaging settled crude in tanks/vessels/lakes

Ionizing is here now and ready to enhance existing oil production volumes