Hydrodynamic Technology

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Presentation transcript:

Hydrodynamic Technology Cavitation Technology: Increasing the Value of Heavy Crude 4/23/2017 Hydrodynamic Technology Increasing Crude Oil Recovery Dr. Max Fomitchev-Zamilov, President www.quantum-vortex.com | max@quantum-potential.com | (814) 777-8993 Quantum Vortex, Inc. | www.quantum-vortex.com

Cavitation Technology: Increasing the Value of Heavy Crude Oil Recovery Problem 4/23/2017 1 out of 6 barrels produced comes from a marginal well 85% of U.S. oil wells are marginal 42% of wells are abandoned prematurely ($3.8B lost) Quantum Vortex, Inc. | www.quantum-vortex.com

Quantum Vortex Solution Sound waves generated by QVI hydrodynamic siren clean the well perforations and unclog the formation

Competitive Comparison Cavitation Technology: Increasing the Value of Heavy Crude 4/23/2017 Conventional Technology Steam Injection CO2 injection Acid injection Environmental impact High cost QVI Technology Acoustic stimulation Mobile / surface Mobile / downhole Zero environmental impact Lower cost Quantum Vortex, Inc. | www.quantum-vortex.com

Cavitation Technology: Increasing the Value of Heavy Crude Downhole Sonication Cavitation Technology: Increasing the Value of Heavy Crude 4/23/2017 Pump   Siren Well partially filled with oil Packer (optional) Sonication Zone Perforations Pump   Siren Well completely filled with oil Sonication Zone 1 Sonication Zone 2 Quantum Vortex, Inc. | www.quantum-vortex.com

Cavitation Technology: Increasing the Value of Heavy Crude Surface Sonication 4/23/2017 Pump   Siren Well completely filled with oil Sonication Zone 1 Sonication Zone 2 Quantum Vortex, Inc. | www.quantum-vortex.com

Opportunity: Oil Production Cavitation Technology: Increasing the Value of Heavy Crude Opportunity: Oil Production 4/23/2017 Increase output from existing wells Revive old / stripper wells Mobile unit – rotate and service multiple wells 5-40% production increase Extremely low cost per well Seeking a partner on stripper well demonstration Quantum Vortex, Inc. | www.quantum-vortex.com

Opportunity: Fracking Cavitation Technology: Increasing the Value of Heavy Crude Opportunity: Fracking 4/23/2017 Can make fracking more efficient Static fracking pressure + dynamic acoustic pressure will open up more fractures in formation Can be tried easily Quantum Vortex, Inc. | www.quantum-vortex.com

QVI Hydrodynamic Siren Cavitation Technology: Increasing the Value of Heavy Crude QVI Hydrodynamic Siren 4/23/2017 40 kW | Surface version Quantum Vortex, Inc. | www.quantum-vortex.com

Cavitation Technology: Increasing the Value of Heavy Crude 4/23/2017 Technology development & licensing U.S. patents pending 5 employees Privately funded Located in Bellefonte, PA Supported by Ben Franklin Technology Partners www.quantum-vortex.com | max@quantum-potential.com | (814) 777-8993 Resonant cracking is like sniper picking on targets – takes very little ammo (energy) to eliminate the targets (bonds); heating is machine-gun approach - takes a lot of energy, most of which is waste heat Quantum Vortex, Inc. | www.quantum-vortex.com