Oil & Gas

AboutBackground

Like many other industries, the oil and gas industry is undergoing a rapid digital transformation however when compared with other industries in which companies have openly embraced the technology and information revolution, oil and gas has lagged a bit.

That means tech solutions have enormous potential when it comes to improving communications and addressing the industry’s unique environmental challenges. Any oil and gas company in the sector that efficiently draws on the power of the digital advancements can gain a significant competitive advantage over rivals.

Flare Gas

Our partners have developed a flare gas technology that enables low cost, on-site power generation and reduction in flaring and emissions.

The flare gas technology uses proven components to convert a wasted resource into ~95% methane suitable for use in a natural gas generator

Other Projects

Heavy Oil Extraction

The main challenge in heavy oil is not in finding resources, but in extracting, recovering, producing, and selling heavy crudes within often changing economic guidelines. Under stable market conditions, heavy oil assets have the potential to generate many years of steady cash flow, typically producing for more than 50 years. However, when the energy ratio needed to produce and upgrade a barrel of heavy oil can be as high as 40%, balancing economics throughout the project is a challenge.

Disruptive Technology Solution (DTS)

Our technology relies on portable, local thermal stimulation of Heavy Oil Reservoirs using a novel effluent gas generated via compact, highly efficient combustion derived from Aerospace and Rocket Engine heritage technology.