Monday, May 03, 2021 9:55:35 AM
We are both thinking the same thing. If Biden does freeze new leases, then the oil industry will be falling all over themselves for PCTL to help them improve their existing wells.
Long PCTL,
~Magnus
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MI, re: Possible Bidden Stoppage on new O+G wells
Consider the following figures from an earlier post today by Egold about how much the well operator gains by using our product:
"This is the interpretation of the PR from a friend.
the protocols developed for EOR (Enhanced Oil Recovery) on shallow (<1000 ft) wells using Catholyte appear to be working... and very well from the ratios given.
Based on the ratios, if you assume initial return of 1BOD (99/1) has increased to 40BOD (60/40), that is an increase from $63.58 to $2,543.20 per day for the operator.
You have also decreased the amount of produced water that has to be treated or disposed of which means saving $$$ on that end as well
So a win-win for the operator."
1. Now, do the math. That's about $2500 per day per well x 365 days =$912,500; and that's for only one well.
2. If only existing wells are allowed to continue, we will have a huge market open to us and producers will be desperate to maximize the gains from existent wells. So, keep your eyes on the prize, my friends.
Tomorrow is never promised, so love and appreciate the people who are in your life!!
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