ecorpStim welcomes the recognition by TIME magazine of waterless fracking as one of the 25 best innovations of the year
HOUSTON, Nov. 22, 2013 /PRNewswire/ -- eCORP Stimulation Technologies, LLC ("ecorpStim"), a subsidiary of eCORP International, LLC ("eCORP"), today welcomed the publication of TIME magazine's "The 25 Best Inventions of the Year 2013"1 which awards liquid gas petroleum (LPG) fracturing as a "world changing" technology for extracting unconventional hydrocarbons in a clean way and without any water.
ecorpStim has developed since 2012 its own alternative technology to hydraulic fracturing, pure propane stimulation (PPS), that relies on liquid propane rather than propane gel. The underlying benefit being that the process completely eliminates not only the use of water, but also of chemical additives. Combined with best practices in well drilling and site management, the environmental impact of shale exploration and production is thereby considerably reduced. The successful field demonstration of PPS carried out in December 2012 in the Eagle Ford Shale also confirmed the feasibility and effectiveness of the pure propane option.
In 2013, ecorpStim's latest innovation of non-flammable propane (NFP) marked a second landmark development in the path for sustainable "green" shale gas development. Using a fluorinated form of propane as a stimulation fluid further ensures the operation of the liquid propane stimulation process by suppressing the risk associated with the flammability of LPG.
Read more on propane stimulation on www.ecorpstim.com.
About eCORP Stimulation Technologies, LLC - The company ecorpStim (eCORP Stimulation Technologies, LLC) was created in 2012 to provide European countries, as well as those with limited water resources, with alternatives to hydraulic fracturing, based on pure home grade propane and without the use of chemicals. www.ecorpStim.com
About eCORP International, LLC – Founded in 1978, eCORP and its predecessor companies have extensive oil and gas experience including underground natural gas storage, natural gas transportation, enhanced oil recovery in conventional reservoirs using propane and butane, exploration for and production of conventional and unconventional (shale) reservoirs, electric power generation and marketing of electricity and gas. The company was an early mover in the Marcellus play in Pennsylvania and New York, USA and recognized its potential while developing its highly acclaimed Stagecoach Storage project in New York. The company has acquired multi-million prospective acreage positions internationally. The company's highly experienced management team expects to apply its broad background in hydrocarbon based development in deploying its field services fleet and related technologies in Europe, and globally, to develop its own portfolio, as well as selling its services to third parties as a standalone business unit. Stimulating with pure liquid propane with low-density proppants provides an excellent vehicle for the company to introduce an environmentally sensitive technology to allay concerns about excessive usage of fresh water and potential aquifer contamination as the process uses no water and propane is a gas at ambient pressure and temperature. www.ecorpintl.com
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SOURCE eCORP Stimulation Technologies, LLC