Novel Nanofluid Benefits for Oil Companies
- ~$8.00/Bbl all-in cost
- Payback is ~1 to 2 months
- Non-damaging, non-toxic and 100% biodegradable
- Reaction occurs in-situ generating heat and pressure
- 99% viscosity reduction of heavy oil ≥75,000 centipoise
- Upgrades heavy oil gravity ≥8 degrees by thermal cracking
- Remediates paraffin or asphaltene in wellbore & perforations
- Improves flow assurance near wellbore region
- Improves capillary pressure enhancing stripper well production
- Nanoparticles penetrate shale oil fractures enhancing production
- Produces heavy oil with zero CO2 and NOx emissions
- Nanoparticles are inexpensive, abundant raw materials
- Avoids plugging stripper wells
- First-of-its-kind nanofluid for heavy, light and shale oil production
- In-situ surfactant achieves alteration of rock wettability
- In-situ surfactant reduces oil–water interfacial tension
- Alters reservoir rheology that improves oil flow
- Permeability is significantly increased
- Increased oil viscosity improves sweep efficiency in bypassed oil zones
- Contributes to oil emulsification improving the mobility ratio
- ~42% sulfur reduction of heavy oil
- ~80% increase of original oil in place (OOIP)
- Parrafin or asphaltene precipitation is reduced or possibly prevented
- Improved displacement reduces residual oil saturation
- Faster and more oil recovery than toxic chemical surfactants
- No special equipment needed
- Nanofluid is not limited by depth or crude viscosity
- Nanofluid is a transformative game-changing EOR technology
Novel Nanoparticles in Nanofluid