Future Energy is Bringing Two Novel EOR Innovations in Thermal Enhanced Oil Recovery
NaNoEOR's green nanotechnology provides a novel exothermic reaction in the reservoir. The game-changing nanomaterials significantly reduces viscosity, reduces interfacial tension, and causes wettability alteration for improved areal sweep efficiency maximizing oil mobility for increased increamental oil production.
eSteam's™ downhole steam technology provides high-quality saturated or superheated steam that increases oil production by over 50% compared to conventional steam generators while saving 25%+ in operational costs.
Thermal Enhanced Oil Recovery (TEOR) is the primary EOR process for heavy oil extraction. TEOR reduces oil viscosity by introducing heat in the reservoir to allow viscous oil to easily flow to the surface.
The world’s energy needs are rising. This makes it increasingly important for oil companies to extend the longevity of their existing reservoirs.
According to U.S. Department of Energy studies, at least half to three-quarters of the total oil reserves are left behind. Given this low level of efficiency, companies have turned to enhanced oil recovery (EOR) in recent years.
Unlike primary and secondary methods, which simply displace oil to the surface, EOR relies upon changing the oil’s rheology to significantly facilitate extraction.
NaNoEOR's nanotechnology significantly reduces CapEx, OpEx, and startup costs that ensure maximum low-cost recovery and limit the environmental impact of oil extraction.
The name of the game is “efficiency.” This has been Future Energy's main challenge for its two novel and transformative EOR innovative technologies.
Efficiency, optimization, and environmental focus are all critical for ensuring the oil industry can meet the growing global energy demands. Today’s oil industry needs to be as efficient and green as possible. Future Energy’s EOR technology solutions can help oil companies achieve efficiency while significantly increasing low-cost oil production.