Technology
Oil Recovery
Texcan Capital Inc. operates using three distinct phases of oil recovery which are standard in North American oil and gas production. They are: Primary, Secondary and Tertiary (or enhanced) recovery.
- Primary Recovery - primary recovery produces oil and gas using the natural pressure of the reservoir as the driving force to push the material to the surface. Wells are often 'stimulated' through the injection of fluids, which fracture the hydrocarbon-bearing formation to improve the flow of oil and gas from the reservoir to the wellhead. Other techniques, such as pumping and gas lift help production when the reservoir pressure dissipates.
- Secondary Recovery - secondary recovery uses other mechanisms - such as gas reinjection and water flooding - to produce residual oil and gas remaining after the primary recovery phase.
- Tertiary Recovery - Tertiary recovery involves injecting other gases (such as carbon dioxide), or heat (steam or hot water) to further stimulate oil and gas flow to produce remaining fluids that were not extracted during primary or secondary recovery phases.
Secondary and Tertiary, or Enhanced Oil Recovery (EOR) activities improve overall drilling success and recovery rates.
The U.S. Department of Energy (DOE) states that Tertiary or Enhanced oil recovery methods can produce up to 30 to 60 percent or more of the wellbore's original oil that is in place. The DOE estimates that full use of next generation Tertiary recovery could generate an additional 240 billion barrels of recovered oil resources in the United States.
A beneficial side-effect is that it also reduces waste volumes and causes less environmental disruption than conventional methods.
Texcan Capital uses the following innovative technologies to increase the recoverable reserves from prospective oil and gas well bores.
