DALLAS, Dec. 2, 2015 /PRNewswire/ -- Texas EOR Associates, developer of cost-effective Enhanced Oil Recovery (EOR) technologies and opportunities, announced today that it has licensed exclusive U.S. Waterflood, Fracking and Gas Injection-EOR rights to patented Oil Flow Optimization technologies based on reservoir pore-clearing EOR surfactant solvents, micro-clustered injection water and rig-less solvent-application tools developed by SCT LLC of Bakersfield, California.
Texas EOR Associates is acquiring these rights in order to customize and optimize their use in EOR-worthy oil fields that Texas EOR Associates acquires to develop and implement EOR, for its own account and for its partnership with Energy Funds and Oil Companies (seeking to reduce their oil production costs to <$20 per barrel) and Mineral Rights Owners (seeking to earn new oil production royalties after years of inactivity).
Texas EOR Associates intends to bring its new EOR technologies, expertise and investment capital to the thousands of old and under-produced oil fields in America that are currently closed and non-producing, but which still contain millions of barrels of stranded oil left in the ground after their primary oil recovery phases ended years ago. Now this remaining oil can be economically recovered today using Texas EOR Associates' advanced EOR technologies and services.
The E4EOR solvent has been demonstrated and proven effective in California heavy oil wells in which the solvent has been used to make extremely heavy oil flow so it is easier to extract. E4EOR solvents have the ability to inhibit buildup of unwanted asphaltene solids and paraffin wax precipitants whose high molecular weights choke the flow of oil by not only plugging wellbore-tubing and surface-equipment, but also they clog and block reservoir pore-space around injection wells and production wells (preventing EOR injectants from reaching and dislodging the stranded oil targeted behind the blocked pores).
Texas EOR Associates' Micro-Clustered Magnetized Water Treatment technology ionizes large macro-clustered oil field injection water molecules to form smaller water-molecule micro-clusters, less than one-quarter in size, which may better permeate and penetrate reservoir pore-space to deliver chemical injectants more effectively by making better contact with and sweeping more oil off of the target reservoir sands for potentially increased oil recovery.
While most current EOR projects are "flying blind" with no real-time reservoir feedback, Texas EOR Associates intends to marry use of its EOR solvents, micro-clustered water and reservoir-injection platforms with new in-situ, sub-surface Real-Time EOR Injectant Tracking and Reservoir Monitoring technologies to "see" in real-time precisely where and at what rate its water-flood chemicals and N2+CO2 gas injectants are flowing into and through a target reservoir's pore-space. Texas EOR engineers can then use this real-time reservoir injectant feedback to optimize and adjust injectant dispersal, water or gas pressure-drive and oil flow to the production well for oil extraction.
For more information, contact O. Victor Lattanzi or Larry Shultz at Investment Capital Group;
Tel: 214-205-3339; Email
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SOURCE Texas EOR Associates LLC