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ARHT Media Inc V.ART.H

Alternate Symbol(s):  ARHTF

ARHT Media Inc. is a Canada-based company, which specializes in live hologram technology. The Company is engaged in the development, production and distribution of high-quality, low latency hologram and digital content. Its products provide live and prerecorded hologram experiences that are designed to enhance engagement for sales & marketing, as well as learning & development. Its products include ARHT Capsule, ARHT Show Window Max, ARHT Screens, ARHT Virtual Global Stage, ARHT Capture Studio and ARHT Services. ARHT Capsule is a portable full-body liquid crystal display (LCD) hologram with two-dimensional and three-dimensional depth-sensing cameras. ARHT Show Window Max is a modular holographic display with 4K transparent LCD screens. ARHT Screens are available in three sizes: H5 Display, H10 Display and H30 Display. It helps brands, retailers, marketers, executives, educators, entertainers, medical practitioners, and speakers to be present as a high-quality life like hologram.


TSXV:ART.H - Post by User

Bullboard Posts
Post by justin_a_lyesseon Feb 26, 2010 12:06pm
249 Views
Post# 16823636

Oil recovery rates

Oil recovery ratesLooks like the low end of recovery rates is 40% ( 5% primary + 30% secondary + 5% tertiary)and the high end is about 80%.


From Wiki


Oil extraction and recovery

[edit]Primary recovery

During the primary recovery stage, reservoir drive comes from a number of natural mechanisms. These include: natural water displacing oil upward into the well, expansion of the natural gas at the top of the reservoir, expansion of gas initially dissolved in the crude oil, and gravity drainage resulting from the movement of oil within the reservoir from the upper to the lower parts where the wells are located. Recovery factor during the primary recovery stage is typically 5-15%.[2]

While the underground pressure in the oil reservoir is sufficient to force the oil to the surface, all that is necessary is to place a complex arrangement of valves (the Christmas tree) on the well head to connect the well to a pipeline network for storage and processing.

[edit]Secondary recovery

Over the lifetime of the well the pressure will fall, and at some point there will be insufficient underground pressure to force the oil to the surface. After natural reservoir drive diminishes, secondary recovery methods are applied. They rely on the supply of external energy into the reservoir in the form of injecting fluids to increase reservoir pressure, hence replacing or increasing the natural reservoir drive with an artificial drive. Sometimes pumps, such as beam pumps and electrical submersible pumps (ESPs), are used to bring the oil to the surface. Other secondary recovery techniques increase the reservoir's pressure by water injection, natural gas reinjection and gas lift, which injects air, carbon dioxide or some other gas into the bottom of a production well, reducing the overall density of fluid in the wellbore. Typical recovery factor from water-flood operations is about 30%, depending on the properties of oil and the characteristics of the reservoir rock. On average, the recovery factor after primary and secondary oil recovery operations is between 30 and 50%.[2]

[edit]Tertiary recovery

Steam is injected into many oil fields where the oil is thicker and heavier than normal crude oil

Tertiary, or enhanced oil recovery methods increase the mobility of the oil in order to increase production.

Thermally enhanced oil recovery methods (TEOR) are tertiary recovery techniques that heat the oil, thus reducing its viscosity and making it easier to extract. Steam injection is the most common form of TEOR, and is often done with a cogeneration plant. In this type of cogeneration plant, a gas turbine is used to generate electricity and the waste heat is used to produce steam, which is then injected into the reservoir. This form of recovery is used extensively to increase oil production in the San Joaquin Valley, which has very heavy oil, yet accounts for 10% of the United States' oil production.[citation needed]In-situ burning is another form of TEOR, but instead of steam, some of the oil is burned to heat the surrounding oil.

Occasionally, surfactants (detergents) are injected to alter the surface tension between the water and oil in the reservoir, mobilizing oil which would otherwise remain in the reservoir as residual oil.

Another method to reduce viscosity is carbon dioxide flooding.

Tertiary recovery allows another 5% to 15% of the reservoir's oil to be recovered.[3]

Tertiary recovery begins when secondary oil recovery isn't enough to continue adequate production, but only when the oil can still be extracted profitably. This depends on the cost of the extraction method and the current price of crude oil. When prices are high, previously unprofitable wells are brought back into production and when they are low, production is curtailed.

Microbial treatments is another tertiary recovery method. Special blends of the microbes are used to treat and break down the hydrocarbon chain in oil thus making the oil easy to recover as well as being more economic versus other conventional methods. In some states, such as Texas, there are tax incentives for using these microbes in whats called a secondary tertiary recovery. Very few companies supply these, however companies like Bio Tech, Inc. have proven very successful in waterfloods across Texas.

[edit]Recovery rates

The amount of oil that is recoverable is determined by a number of factors including the permeability of the rocks, the strength of natural drives (the gas present, pressure from adjacent water or gravity), and the viscosity of the oil. When the reservoir rocks are "tight" such as shale, oil generally cannot flow through but when they are permeable such as in sandstone, oil flows freely. The flow of oil is often helped by natural pressures surrounding the reservoir rocks including natural gas that may be dissolved in the oil (see Gas oil ratio), natural gas present above the oil, water below the oil and the strength of gravity. Oils tend to span a large range of viscosity from liquids as light as gasoline to heavy as tar. The lightest forms tend to result in higher production rates.

Petroleum engineering is the discipline responsible for evaluating which well locations and recovery mechanisms are appropriate for a reservoir and for estimating recovery rates and oil reserves prior to actual production.

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