Saturday, July 04, 2015 3:14:22 AM
I was poking through this..found interesting. What is bopd rate?
I happen to own one EOR stock. Did some DD while back..
BTW EOR market is absolutely huge and in US alone it is more than 100 billion barrels of oil exists in stranded form that cannot be recovered through traditional methods and can only be done through EOR (Enahanced oil recovery). The global market is even larger (> 500 billions).
But long story short, the stranded oil is oil is viscous form (sticky) that needs to be converted to liquid form and companies use CO2 (Carbon Dioxide) treatment to do so.
Happy 4th
GL
https://www.greatpointenergy.com/co2forenhancedoilrecovery.php
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