OriginClear Begins Selling Its Crude Oil Sweetening Liquid
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OriginClear partner Cobalt Aqua Control LLC (Cobalt) has recently shipped its first commercial sale of 15 barrels of an injectable crude oil sweetening liquid, produced with OriginClear technology, to an oil operator in South Texas.
Cobalt is a developer of oil and gas technology and remediation solutions based in Houston, TX. OriginClear licensed its Advanced Oxidation (EWS:AOx™) technology to Cobalt, and, through a wholly-owned subsidiary, has a significant membership interest in Cobalt. Cobalt’s process produces a liquid that can significantly improve oil recovery, reduce corrosive gas in the crude stream, and increase overall ROI for operators.
Known as H2S-Neutralizer™ (H2S-N™), this injectable liquid has demonstrated a dramatic improvement in oil recovery ratios, as evidenced by a stable increase in well-head pressure. In addition, H2S-N has been shown to significantly reduce hydrogen sulfide (H2S) concentration in the crude stream.
“In the first field trial we did with H2S-N, we were able to increase wellhead pressure in a gas well from an unstable 20 psi to an average 40 psi for a six-month period. Working with OriginClear will help oil and gas operators get more value out of their production, with minimal environmental impact,” said William Germano Jr., co-founder and manager of Cobalt Aqua Control.
In addition to wellhead pressure testing, other tests were performed with crude oil contaminated with H2S, or hydrogen sulfide, a highly corrosive gas that helps cause crude oil to become “sour” and lose value in the market. In field tests, hydrogen sulfide was measured from a 200 ppm concentration down to below readable value.
“The market imposes a penalty for sour crude of about 13 billion US dollars annually. With oil prices still very low, producers are eager for any solution to the problem. Cobalt has an innovative approach of selling liquid, which generates a recurring revenue stream. We are delighted to be partners in this venture!” said Jean-Louis Kindler, president of OriginClear.
Reducing hydrogen sulfide in crude oil can not only improve the value of crude by 8 to 10 percent, but also worker safety and logistics, because containers and pipelines require frequent maintenance when used with crude oil contaminated with as little as 5ppm of H2S.
OriginClear first announced in November of 2015 that its proprietary electro-oxidation technology can effectively remove 96 percent of bacteria and 97 percent of hydrogen sulfide (H2S) from produced water, without chemicals. Results were reported after lab and field testing on produced water from the Eagle Ford shale, and further validated in the recent Cobalt tests.
Cobalt Aqua Control is now ramping up to commercial production and is taking orders.
About OriginClear
OriginClear is a leading provider of water treatment solutions and the developer of a breakthrough water cleanup technology serving the rapidly growing world market. Through its wholly owned subsidiaries, OriginClear provides systems and services to treat water in a wide range of industries, such as municipal, pharmaceutical, semiconductors, industrial, and oil & gas. To rapidly grow this segment of the business,they strategically acquire profitable and well-managed water treatment companies, which allow them to expand their global market presence and technical expertise. To enable a new era of clean and socially responsible water treatment solutions, they invented Electro Water Separation™, a breakthrough high-speed water cleanup technology using multi-stage electrolysis, that they license worldwide to water treatment equipment manufacturers. Water is their most valuable resource, and the mission of the “Family of OriginClear Companies” is to improve the quality of water and help return it to its original and clear condition.
To stop by OriginClear’s website, CLICK HERE
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