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CAPPED / STRIPPER OIL WELLS
Low production gas and oil wells
are classified as marginal or stripper wells when production
is less than 60 cubic feet per day and 10 barrels per day,
respectively. Capped wells are those that have been closed off
and are therefore no longer producing any oil or gas. It is
estimated that these wells still have fifty percent (50%) or
more of their oil reserves still in the ground. However, “on
average the global recovery factor is probably not much better
than 30% to 35%”(5) Until recently, it was widely accepted
that the remaining half of the oil in most of these reservoirs
are not be economically recoverable, even at high oil prices.
USA MARKET
400,000 wells are
estimated to be “capped’ in the USA.
53,126 – Federal Wells
currently identified as capped, inactive or shut down. Some
are currently leased. (4) Several Counts reported by State
Agencies:
- 25,000 – CALIFORNIA
- 22,000 – NEW MEXICO
- 4,300 – COLORADO
- 5,000 - WYOMING
- 67,000 – TEXAS
- 4,000 - Pennsylvania
GRC TECHNOLOGY
A microwave unit is lower into the CAPPED / STRIPPER OIL WELL
CAVERN through the existing oil well drilling pipe and a
vacuum environment is created. The CAVERN WALLS are bombarded
with our specific microwave frequency in the form of
“molecular vibrations” which causes the “cracking” of the
hydrocarbon chain. As a result, the hydrocarbon components in
the CAPPED / STRIPPER OIL WELL CAVERN are gasified. The
NATURAL GAS is then collected – the remaining gas is distilled
into usable fuel on site – no need for a refinery.
ENVIRONMENTAL IMPACT
The GRC Energy Recovery Technology operates in a vacuum. THE
RESULT - nothing is released into the environment.
CLICK THE
FOLLOWING LINKS FOR ADDITIONAL INFORMATION
(4) Bureau of
Land Management
EMAILED SPREADSHEET SENT FROM BLM SOURCE
(5) Book – ‘A Thousand Barrels a Second’ - Peter Tertzakian' |