RE: Good Exposure.. Without LinkPetrostar EOR technology update
last modified 2007-05-09 19:20
May 9, 2007 VANCOUVER -- Petrostar Petroleum Corporation has announced that field testing of its Down Hole Heating Device commenced May 2, 2007.
The initial test well A9/16 will continue for approximately 10-14 days at which time the tool will be removed from the test well and test data reviewed and evaluated. Additionally the company will test its A15/6 well to evaluate its performance and influence on the offsetting wells A14/6, A16/6 and the 1A16/6 HZ well.
During the tests the tool will be operated under several different configurations and well bore depth settings to determine the optimum placement in conjunction with well perforations, production zones, well fluid levels and wellhead pressure. Preliminary indications on a short period test were that the DHT significantly influenced the production of the surrounding well A10/6. A second test will be run to confirm this influence and quantify the resulting production increase.
The Company has decided that given the initial testing on well A9/6 it will also move the Tool and test it in well A15/6 where there is more water in the well bore and daily production has higher water content. It is expected that with its proximity to the horizontal well 1A16/6 that there will also be a significant increase in its daily production. Additionally the Company is immediately proceeding with the manufacture of a second DHT unit, which it hopes will be completed within the current testing time frame. The second unit, subject to completion and arrival on site will be run in tandem with the initial unit. The data will be reported as it becomes available during and after the testing is complete.
Petrostar says that the success of the down hole tool test will be a significant milestone, as it brings the Company one step closer to proving and ultimately commercializing this revolutionary enhanced oil recovery technology. The DHT has the potential of economically revitalizing tens of thousands of proven North American medium and heavy oil wells that have been suspended due to insufficient reservoir pressure.
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