Skip to main content June 2015 Corporate Presentation – Glori Energy Inc. | Shale Experts
Loading...

June 2015 Corporate Presentation – Glori Energy Inc.

Glori Energy Inc. · Jun 3, 2015 · 30 slides

Investor presentation from the Shale Experts oil & gas presentation and slide database. Every page is imaged and its text indexed for search across operators, plays, basins and time.

Slides

  1. June 2015 Corporate Presentation – Glori Energy Inc. – slide 1
    Enhancing Oil Recovery in Waterflooded Oil Fields with a Commercial, Microbial Process Brian G. Clement, Ph.D. Vice President, Technology Glori Energy, Inc. Tomorrows Oil from Yesterdays Wells Confidential
  2. June 2015 Corporate Presentation – Glori Energy Inc. – slide 2
    Glori Energys AERO Technology Additional oil from existing fields through biology No exploration, development costs Field results show up to 12% additional recovery (% of OOIP) Mobilize oil more efficiently than water-flooding…
  3. June 2015 Corporate Presentation – Glori Energy Inc. – slide 3
    Why Microbes Secondary production (water flooding) leaves 60% of oil in place Oil recovery from sandstone is a micro-scale problem Microbial effects often show promise in the lab, but mixed field success What has worked 2…
  4. June 2015 Corporate Presentation – Glori Energy Inc. – slide 4
    AMEOR Statoil offshore AMEOR: Aerobic, Microbial EOR developed by Statoils Egil Sunde in both lab and field trials Comprises stimulation of aerobic microbial growth on residual oil via nutrient supplementation in water-flooded fields…
  5. June 2015 Corporate Presentation – Glori Energy Inc. – slide 5
    Statoil-Glori Collaboration Statoil and Glori began collaboration focused on onshore operations in 2010 Offshore oil operations have limited flexibility for testing Onshore offers diversity and simplified operation Many small fields…
  6. June 2015 Corporate Presentation – Glori Energy Inc. – slide 6
    AEROTM How It Works Low cost: Indigenous microbes Standard Waterflood Low-dose inorganic nutrients injected Injection well continuously Residual oil is the carbon source Water Holistic pathway Add biofilm micrograph Modify…
  7. June 2015 Corporate Presentation – Glori Energy Inc. – slide 7
    AEROTM How It Works Low cost: Indigenous microbes Waterflood with AERO Low-dose inorganic nutrients injected Injection well with AERO technology continuously Residual oil is the carbon source Holistic New Modify injection water…
  8. June 2015 Corporate Presentation – Glori Energy Inc. – slide 8
    AERO Impact AERO Start Projected Original Oil Barrels of Oil per Day Log Scale Projected Additional Oil A B C Economic Limit Longer Economic Life Today Time Confidential
  9. June 2015 Corporate Presentation – Glori Energy Inc. – slide 9
    Field Project Data Kansas Project (SPE-published) California Project Alberta Project (JPT-published) 8 Confidential
  10. June 2015 Corporate Presentation – Glori Energy Inc. – slide 10
    AEROTM Kansas Project SPE Paper July, 2011 100-200% oil increase in 6 weeks at the target producer 9-12% incremental OOIP recovery 14-month pilot No increase in produced water Incremental oil - 10-15/bbl. AERO Injector…
  11. June 2015 Corporate Presentation – Glori Energy Inc. – slide 11
    AEROTM California Project 600 120000 500 100000 Production (BOPD) Injection (BWPD) 400 80000 300 60000 200 40000 Up-dip Producers, Waterflood Up-dip Producers, AERO 100 20000 Up-dip Producers, Post-AERO waterflood…
  12. June 2015 Corporate Presentation – Glori Energy Inc. – slide 12
    AEROTM California Project Response was seen exclusively in distant, up-dip wells Field injection variances could not account for the uplift AERO was the only unique feature Field returned to original decline after AERO injection…
  13. June 2015 Corporate Presentation – Glori Energy Inc. – slide 13
    AEROTM Alberta Project Incremental recovery = 68 mbo and rising Life extension of the field = 5-8 years while increasing reserves 4x J. Petrol. Tech. Article March 2015 Confidential
  14. June 2015 Corporate Presentation – Glori Energy Inc. – slide 14
    AEROTM Alberta Response Pattern Active Producer AERO Response in Distant, Up-Dip Wells AERO Injector Wells W and L-H responsible for field G uplift W Injector-Producer distance 1200 ft L-H P Highest producers in structure V…
  15. June 2015 Corporate Presentation – Glori Energy Inc. – slide 15
    AERO Alberta Project lower lifting expenditure Decreasing Lifting Cost 14 Confidential
  16. June 2015 Corporate Presentation – Glori Energy Inc. – slide 16
    AERO Alberta Project lower lifting expenditure Decreasing Lifting Cost 15 Confidential
  17. June 2015 Corporate Presentation – Glori Energy Inc. – slide 17
    Novel Mechanism of Residual Oil Flow Field Response Features Lab Evidence Towards a New Model 16 Confidential
  18. June 2015 Corporate Presentation – Glori Energy Inc. – slide 18
    Novel mechanism: Field-Scale Features Field responses correlated to structural relief Response is faster than transit time global effect from a local change Kansas 6 week response 1100 feet away California 8 week response in wells…
  19. June 2015 Corporate Presentation – Glori Energy Inc. – slide 19
    Dynamic, Rapid Biological Response 125% 65% 70% Uplift Uplift Uplift Microbial effect is faster than transit time, more dynamic than simple bio-plugging Source: SPE paper 154138 Confidential
  20. June 2015 Corporate Presentation – Glori Energy Inc. – slide 20
    Novel mechanism Lab Evidence Low-dose nutrient stimulates microbial activity only near from injectors local growth gives global response Core studies show rapid transit of oil Jones, 1985 oil from inlet is produced with oil from…
  21. June 2015 Corporate Presentation – Glori Energy Inc. – slide 21
    Residual Oil Flow (ROF) Model ROF Model incorporates novel features of AERO production consistent with Sunde et al., 2012 (SPE 154138) Rapid response over long distances Local effect injection zone process improves production…
  22. June 2015 Corporate Presentation – Glori Energy Inc. – slide 22
    Summary and Future AERO field results are very promising Operationally feasible technology Reduced cost per barrel Increased field lifespan Prediction requires revising current models of microbial activity in oil reservoirs…
  23. June 2015 Corporate Presentation – Glori Energy Inc. – slide 23
    Glori Energys AERO Technology Additional oil from existing fields through biology No exploration, development costs Field results show up to 12% additional recovery (% of OOIP) Mobilize oil more efficiently than water-flooding…
  24. June 2015 Corporate Presentation – Glori Energy Inc. – slide 24
    Thank You 23 Confidential
  25. June 2015 Corporate Presentation – Glori Energy Inc. – slide 25
    Additional Slides 24 Confidential
  26. June 2015 Corporate Presentation – Glori Energy Inc. – slide 26
    AEROTM Kansas Project Oil production: 500 bopd Treated water injection: 1,600 bwpd (10% of field) Depth: 5,200 ft. Net pay: 20 ft. Porosity: 15% Oil gravity: 38-41 API Water-cut: 92% Permeability: 75 mD 1,100 ft. to primary…
  27. June 2015 Corporate Presentation – Glori Energy Inc. – slide 27
    ----- 20 40 60 80 100 120 140 160 180 200 200 12/26/2006 2/10/2007 (3/05/07) DH Failure bopd 4/18/2007 220 7/13/2007 Comments Series 8/14/2007 9/19/2007 240 (10/03/07) DH Failure Pre-MEOR…
  28. June 2015 Corporate Presentation – Glori Energy Inc. – slide 28
    AEROTM California Project Highly laminated sandstone Oil production: 500 bopd Four injectors: 4,000 bpd treated water Depth: 2,500 ft. Net pay: 25 to 100 ft. Porosity: 21 to 26% Oil gravity: 25 API Water-cut: 98% Permeability: 75 mD…
  29. June 2015 Corporate Presentation – Glori Energy Inc. – slide 29
    AEROTM Alberta Project Single valley-fill sandstone reservoir Pre-AERO oil production: 30 bopd Water production: 1,100 bwpd Three water injectors: 1,100 bwpd Depth: 3,300 ft. Net pay: 13 ft. Porosity: 23% Oil gravity: 28 API Water-cut:…
  30. June 2015 Corporate Presentation – Glori Energy Inc. – slide 30
    AERO Alberta Project: Response Pattern Through July 2013, one low volume producer, well P, had responded Well P was stopped in late July, 2013 Two wells immediately increased in oil cut while fluid rate increased 29…

From the store

Browse maps, data & reports in the Shale Experts store