New Oil Drilling Apparatus
A less expensive, more reliable oil production technology that is safer and reduces environmental impact is being commercialized by Completion Concepts Inc., Katy, TX. The apparatus could significantly increase production of heavy oil, an enormous resource that constitutes as much as half of the world’s oil-in-place. Much of America’s heavy oil is produced via a costly steam injection enhanced oil recovery method to produce a crude oil grade that is lower in quality and thus sells for less.
The apparatus, called a Teleperfs", is a telescoping devices that is projected into the face of a formation, anchoring a well liner in place and providing entry ports for formation fluids.
Initially developed through a DOE funded Small Business Innovative Research grant and furthered by an industry consortium, Completion Concepts, Inc. devised a method for production of heavy oil that eliminates certain expenses and risks and offers a low-cost alternative for inhibiting production of sand in an oil well. Read the complete announcement here.
Any technology that increases our oil consumption at lower cost will certainly be appreciated. I assume it might find application in the Canadian tar sands and Venezuela besides the fields that were mentioned in California and Alaska.
Technocrati tags: heavy oil, oil technology, unconventional oil
we are service company from venezuela petroleum and we are interesting in apparatus to introduce in well in order to generate steam injection as you show in new oil drilling apparatus
Posted by: WILMER LOPEZ | October 12, 2008 at 11:30 AM
we are service company from venezuela petroleum and we are interesting in apparatus to introduce in well in order to generate steam injection as you show in new oil drilling apparatus
Posted by: WILMER LOPEZ | October 14, 2008 at 02:29 PM
wow this is such a cool tool. This will definitely help the oil business.
Posted by: oilfield equipment | March 29, 2009 at 10:33 PM
the oil company company i work for just bought this.
Posted by: drilling rigs | April 04, 2009 at 04:51 PM
Hi,
Good post....Oil drilling is the process of perforating the earth's surface and rock layers to extract fossil fuels, or oil, for energy production. Oil can be found all over the world, and it is drilled in many countries. Oil is formed from the organic decay of plants and animals that existed millions of years ago.
natural gas
Posted by: peter | May 28, 2009 at 12:39 AM