~$9.00/Bbl. of incremental oil recovered
- ~$60,000 CapEx for injection well
- Payback is 1 to 3 months
- 99% viscosity reduction of heavy oil
- Extends longevity of declining oil wells
- Enhances shale oil, light oil, heavy oil, & oilsands
- Increases proved reserves and asset value
~$19.00/bbl. all-in production cost
World's only proven Downhole Steam Technology
- Low CapEx proven equipment
- ~$19.00/bbl. all-in production cost
- ~50% less fuel per barrel of steam
- ~$22/barrel breakeven
- ~25%+ lower operating expenses
- ~60%+ reduced capital equipment cost
- Steam injection from 800 to 6,000+ ft.
Green hydrogen costs ~$1/kg
- ~95% energy efficient electrolyzer
- ~25% more efficient than PEM electrolyzer
- ~44% efficient solar PV technology
- Lowest per-kilowatt energy for any PV
- 2x more profitable than conventional PV
- Generates the most ener
- Excess electricity operates electrolyzer during nighttime
- Best-in-class low-cost green H2 production
Green Hydrogen costs ~$0.50/kg
Downhole Steam Technology
- Low CapEx for proven equipment
- 930°F temp. steam in subterranean formation
- In-situ thermal cracking hydrocarbon chain releases H2
- Steam methane reforming in subterranean formation
- Underground formation is the refinery or reaction vessel