PCT Ltd (PCTL)

[Long term]

This is a place that pctl might beable to get funding..

https://netl.doe.gov/oil-gas/oil-recovery

TECHNOLOGY PARTNERSHIPS
As much as two-thirds of conventional crude oil in domestic
fields remains unproduced, left behind due to the physics of
fluid flow that results in oil adhering to matrices in underground
formations. CO2
EOR enhances sweep efficiency, or the ability
to flush the oil droplets off the formation matrices, thereby
enhancing production. The technology is also applicable to
hydrocarbons in unconventional rocks or in formations that
have unconventional characteristics (such as oil in fractured
shales, kerogen in oil shale, or bitumen in tar sands) which
constitute a significant potential domestic supply of energy.
The re-injection of natural gas associated with oil production
is also being investigated as a mechanism for EOR. The use
of associated natural gas as an injectate for EOR not only
improves incremental recovery. It also reduces further flaring
of natural gas, thus mitigating greenhouse gas emissions.
NETL is sponsoring field-based research to accelerate the
development and application of technologies for enhancing
the recovery of petroleum from both conventional and
unconventional reservoirs in fields across the nation.
Drivers that provide a clear focus for research, development,
and demonstration in this area include:
Next generation CO2
EOR technologies that can increase
recovery from existing CO2
EOR projects and accelerate
application of the process to other mature oil fields around
the country.
Methods to improve performance and lower costs of CO2
and other gas floods, as well as ways to accelerate their
application by independent producers.
Targeting hydrocarbons locked in unconventional reservoir
rocks like the Bakken shale or in reservoirs which have
characteristics that make their production difficult (such as
heavy oil in arctic reservoirs).
NETL maintains research partnerships with industry and
academia for field laboratories to catalyze development and
demonstration of emerging technologies and methodologies
to facilitate widespread application of EOR.
For more information, see:
https://netl.doe.gov/oil-gas/oil-recovery