TCTM Oil of Prague, consisting of Czech and Slovak geologists and Russian petrochemical engineers, has patented Environmental ThermoChemical Treatment (ETCT). The technology promises results of at least double, and as much as 12x faster daily oil production, on practically any oil field, under any conditions. It costs a fraction of any other known EOR method, and is extraordinarily environment friendly. We expect ETCT to replace hydrofracking and SAGD, saving millions of dollars and millions of tons of water.
The patents have been registered in the Czech Republic and are in preparation for other countries. Two more patents are under development, concentrating on shale oil and gas.
The two largest demonstration wells, which had already been closed down for years, resulted in 8800 BBL incrementally-extra oil recovered in the first 90 days, as compared to previous production values. A year later, it was still producing at higher than original levels.
Visit source siteeorEnvironmentally FriendlyEnvironmentoil extractionoil production