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Re: Pennybuster post# 30644

Thursday, 05/12/2016 11:09:06 PM

Thursday, May 12, 2016 11:09:06 PM

Post# of 30903

$LEXG Lithium Exploration Group > Hydrocarbon Upgrading Applications

The Ultrasonic Generator’s ability to upgrade heavier crude into lighter petroleum products on-site offers many cost saving and revenue-boosting opportunities for oil & gas producers.
• Crude Oil Treating & Upgrading. Existing treaters and separators knock out water and most solids. However, they cannot improve the quality (eg. API) of crude oil and cannot reduce H2S content.

Conventional upgraders are both extremely capital intensive and based upon a principle of large scale, whereas the Ultrasonic Technology can upgrade crude oil at a fraction of the capital cost and is ideal for use within smaller fields or batteries. The units are also designed to be scalable to requirements, allowing for tailored solutions for specific oilfield volume upgrading requirements.

Furthermore, this technology can be applied to all types of crude typically produced in Western Canada – heavy, medium, and light oil. Heavier crude oil is upgraded on-site into lighter petroleum products, resulting in lower processing costs and higher product revenues.

The Ultrasonic Technology is also valuable from a risk management perspective. The ability to ship only lighter petroleum products will remove the pricing risk posed by product grade related differentials; as the resulting lighter products will be similar in quality as world recognized benchmarks such as WTI, only pricing differential risk due to originating shipping location (transportation/pipeline congestion) will exist.

• Oilfield Waste Management Facilities. The Ultrasonic Technology can be used in conjunction with oilfield waste management facilities, including disposal wells, to upgrade skim oil. This again results in higher revenues and lower processing costs for the facility.

• Product Transportation Optimization. Transportation can be one of the costliest components of a producing company’s operations, especially in the case of heavier crude oil. Pipeline capacity and availability is always keyed towards giving priority to lighter petroleum products. The Ultrasonic Generator’s ability to upgrade on-site allows producers to reduce their transportation costs since the resulting lighter products will almost invariably be closer to accepting infrastructure.

• Possible Light Product Capabilities. The Ultrasonic Generator offers the possibility to upgrade crude oil on-site into useable fuel-grade products. This can serve to further reduce a producer’s operating costs, especially in remote locations where considerable transportation costs may be associated with procuring such products.

http://lithiumexplorationgroup.com/ultrasonic-technology/

Nothing I say, post, or do should ever be considered financial advice. I may be holding a long, short or no position. I am NOT or NEVER have I been compensated to post on here or anywhere and all my posts are for entertainment purposes only.

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