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Tuesday, November 16, 2021 3:42:01 PM
Humphreys has 11M barrels in EOR sitting in the ground. When oil was cheap stopped trying to pump it out. He said Nano-Catholyte cost a fraction of what he was using before.
My calculations show a current WOR 48/52 and a current oil price of $80.00 that's 457 Million bucks if oil stays where it is and the WOR doesn't increase as they go through more field testing.
I wonder what other oil well owners will think of that.
I also wonder if Len from Nanobubbles has contacts in Canada?
I also read wells in OK are much deeper than Grassy Creek which means more fluids need to be used.
Sounds like this technology is going to change the EOR industry.
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