Sopan O&M Co Pvt Ltd, a provider of operations and maintenance (O&M) services to oil & gas sector in India, has joined hands with the US-based Titan Oil Recovery Inc, a leading player in the field of enhanced oil recovery (EOR), for providing organic oil recovery (OOR) solutions to the Indian oil production industry. The OOR process involves stimulating the growth of specific species of indigenous microbes within the producing reservoirs, which have the effect of reducing the physical size of trapped oil droplets, greatly enhancing production rates at a fraction of the cost of alternative enhanced oil recovery (EOR) technologies. With no separate setup required to execute, the OOR process increases ultimate oil recovery substantially.

 

With a total of over 300 production well implementations of OOR by Titan, multiple customer authored SPE papers record average oil production increases within the range of 25 per cent to 700 per cent, and costs per incremental barrel of $ 6-$ 15. Statistically, an average increase of 92 per cent has been observed upon the application of the Titan process across over 300 well application globally. This makes the technology suitable during both high and low crude oil rates. In addition, the process requires no topside modification offshore, therefore eliminating any need for incremental Capex.

 

C V Kadvekar, Managing Director of Sopan, said, “A sizeable part of the current domestic production of oil comes from mature fields, most of which are showing signs of production decline, if not on a decline already. As a result, the government is taking special interest in boosting the growth of production from such mature & ageing fields and we expect a lot of activity in this space in the coming years. This OOR technology will provide a great and cost effective solution to the oil extraction process in India.”

 

Kenneth Gerbino, Chairman and Founder of Titan Oil Recovery Inc, added, “We are pleased to team up with Sopan, a well-recognised and admired oil service company in India. The Titan Process when adopted by the Indian oil industry could have a major impact on reducing India’s dependence on imports.”

 

This next generation oil recovery technology, with negligible Capex requirement, low cost and organic nature of the process requiring no modification in the production process & methodology is set to revolutionise EOR technology in India.