Permian Energy's management team has been able to capitalize on years of relationships with innovative
suppliers of new technology for treating heavy hydrocarbons both on the surface and in down-hole formations. Permian Energy has a long standing agreement with Bowers Equipment Company (Houston, TX) that secures the international packaging rights to the HGC. The HGC technology combines conventional compression and pumping in a very unconventional way. The unit employs proprietary internal devices as well as many off the shelf external components in the most simplistic yet ingenious manner. This is the safest and most user friendly machine of its kind in the market place.
The work of compression is done with a low-speed, high compression ratio, cylinder / piston / hydraulic ram configuration. Powered by a standard hydraulic pump system, the system can be driven by diesel, gas or electric motors.
Fuel usage and fuel material balance is critical in any process or machine. The HGC consumes the equivalent of 3-5 MCFD or 600-900 KWHD depending upon the size and configuration of the HGC. In real dollars, the smallest unit, HGC 100 consumes $20.00 worth of energy per day! Comparative horsepower and fuel usage finds the HGC to be approximately 50% lower than other conventional machines.
The HGC technology generates heat as a BY PRODUCT. Heat in excess of 350° F can be generated and maintained through the work of molecular friction in the gas phase. Heat can be generated within five minutes of the unit's startup time. There is no open flame in the system. The unit can be placed next to the wellhead without danger of fire or explosion. As a mobile unit, the HGC will replace conventional Hot Oilers! One astute production superintendent stated, "The HGC means the end of the Hot Oiling!"
As a permanent thermal flood installation, the HGC can be used instead of conventional steam boilers. Down-hole measurement done by Expro International showed that consistent temperatures of 220°F were achieved at the perforations of a 5,700 ft. well in east central Texas. Melting point of most paraffins in the standard light oil producing zones of North America is 175°F-185°F.
The HGC can heat and displace wet or dry Methane Gas, Nitrogen, CO2, or any combination of the various gases. Additionally, the HGC can pump liquids such as water, solvents, and even organic acids. The problems with "phase changing" or "liquid versus gas phase" is not a problem with the HGC. A huge market for the HGC will be the injection of Acid Gases for disposal and/or tertiary oil recovery. Failed CO2 floods are a prime target of service work and lease acquisitions.
Production increases in both oil and gas will be a natural result of well bore cleanup and near well bore stimulation. The HGC creates a pulsating effect in the bottom-hole strata. This is similar to a breathing effect. The HGC "inhales" on the suction of the low pressure and "exhales" on the high pressure discharge. Simultaneously, the formation experiences a steady and gradual pressure gradient and buildup, which finds and fills pressure voids. Methane Gas and Natural Gas Liquids (NGLs) are the very best natural solvents to the suspension of oils and particulate matter such as silica, iron sulfide, salt, and clays. These natural solvents create a mixture of liquids and vapors unlike any other treatment available in the industry.
The HGC technology competes with every known stimulation and enhanced oil recovery methodology. In all cases, the HGC will out perform other alternatives on both cost effectiveness and long term results.
With the HGC technology and its associated opportunities, the company is positioned to expand at a rapid rate. The company believes it has the experience, knowledge, and quality staff to dramatically impact the energy business, nationally and internationally.
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