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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'