Hydrodynamic Technology Increasing Crude Oil Recovery Dr. Max Fomitchev-Zamilov.

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Hydrodynamic Technology Increasing Crude Oil Recovery Dr. Max Fomitchev-Zamilov

Transcript of Hydrodynamic Technology Increasing Crude Oil Recovery Dr. Max Fomitchev-Zamilov.

Hydrodynamic Technology

Increasing Crude Oil Recovery

Dr. Max Fomitchev-Zamilov

Oil Recovery Problem

1 out of 6 barrels produced comes from a marginal well

85% of U.S. oil wells are marginal

42% of wells are abandoned prematurely ($3.8B lost)

Quantum Vortex Solution

Sound waves generated by QVI hydrodynamic siren clean the well perforations and unclog the formation

Competitive ComparisonConventional Technology

Steam Injection

CO2 injection

Acid injection

Environmental impact

High cost

QVI Technology

Acoustic stimulation

Mobile / surface

Mobile / downhole

Zero environmental impact

Lower cost

Downhole SonicationPump

 

  Siren

Well completelyfilled with oil

Sonication Zone 1

Sonication Zone 2

Pump

 

  Siren

Well partiallyfilled with oil

  Packer (optional)

Sonication Zone

Perforations

Surface SonicationPump

 

 

Siren

Well completelyfilled with oil

Sonication Zone 1

Sonication Zone 2

 

Opportunity: Oil Production

Increase output from existing wells

Revive old / stripper wells

Mobile unit – rotate and service multiple wells

5-40% production increase

Extremely low cost per well

Opportunity: Fracking

Can make fracking more efficient

Static fracking pressure + dynamic acoustic pressurewill open up more fractures in formation

Can be tried easily

Opportunity: Water Treatment

Water hammer is known to accelerate emulsified oil and suspended solids separation

Tailing ponds clean up

Proof of concept demonstrated

QVI Hydrodynamic Siren

40 kW | Surface version

Technology development & licensing

U.S. patents pending

7 employees

Privately funded

Located in Bellefonte, PA

Supported by Ben Franklin Technology Partners

www.quantum-vortex.com | [email protected] | (814) 777-8993