Cavitation Energy Systems (CES) Developing Next-Generation Steam Technology for Enhanced Oil Recovery
FORT LAUDERDALE, Fla., Dec. 20, 2016 /PRNewswire/ -- Cavitation Energy Systems (CES) of Fort Lauderdale, Florida (cavitationenergysystems.com), announced today that they are developing a next-generation demonstration unit for enhanced oil recovery (EOR) as well as Steam Assisted Gravity Drainage (SAGD), Cyclic Steam Stimulation (CSS) and High Pressure Cyclic Steam Stimulation (HPCSS) using their cavitation-based technology for clean, low-cost production of steam at the well-head and eventually down-hole (in situ) steam production. EOR & SAGD is extensively used throughout the US and Middle East, while CSS and HPCSS is used extensively in Canada. Because of its low cost, the CES unit can also be used to extract shale oil.
CES produces continuous on demand super-heated steam from water, including brackish water, via cavitation. The present system can be scaled to produce 2000lbs of steam per hour, using 3 sets of 32 injectors, yielding 57,600 injections a minute, at an energy cost of less than 100kw/hour; all this, while fitting into a 40ft. container.
The added cost per barrel of oil recovered for EOR currently ranges from $3 - $24. CES estimates that it can extract a barrel of oil for as little as $2, irrespective of well depth, location, deposit geology and other factors, thus greatly expanding the market for EOR from its current worldwide revenues of about $25 billion to $220 billion by 2020.
Richard Aho, founder of CES, says his product can be produced anywhere in the world, including the USA, for an extremely low cost because his system has very few components and can be fully automated. He is planning to demonstrate a well-head unit that produces 2,000lbs of steam/hour.
"Our system is very compact and modular and can easily be transported from well-head to well-head for any given field," says Mr. Aho, adding, "We have had discussions with EOR parties who are interested in testing our system which we expect to have in the field within three months."
CES is currently negotiating joint ventures for steam applications that include power generation, industrial steam and heat, and propulsion applications based on newly developed linear generator technology.
CES has patents granted and patents pending and their technology is being further developed for many various applications including: power generation, industrial steam, automotive propulsion, desalination, reformation of methane gas for hydrogen production and coal-gasification.
For additional information, please visit the CES website: www.cavitationenergysystems.com
CONTACT: Richard Aho, 954-496-3838, [email protected]
SOURCE Cavitation Energy Systems
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