ABSOLUTELY FALSE according to all the GEMS & FACTS from the latest 10k filing. This is more ACCURATE & FACTUAL about the PROVEN AOT & KINDER MORGAN. NEXT
Veteran Pipeline Infrastructure Engineer Shannon Rasmussen Joins QS Energy To Lead Global Commercialization of AOT Flow Assurance Technology
HOUSTON, TX -- (Marketwired) -- 06/30/17 -- QS Energy, Inc. (OTCQB: QSEP), a technology solutions provider for the energy industry, today announced it has named Mr. Shannon Rasmussen as its new Vice President of Engineering, adding a key industry veteran who, along with new CEO Jason Lane, will help lead commercialization efforts for QS Energy's Applied Oil Technology (AOT) -- an integrated system that improves critical operational efficiencies for pipeline operators worldwide.
As co-founder and senior principal of Colorado-based energy consulting firm Citrine Energy, Mr. Rasmussen comes to QS Energy with nearly two decades of experience in the power and oil and gas sectors, with deep expertise in engineering design, project and program management, construction, compliance, and quality.
Mr. Rasmussen comes into this new role at QS Energy with critical knowledge of AOT and its demonstrated ability to reduce the viscosity of crude oil -- helping operators increase flow volume, reduce reliance on diluents, relax viscosity requirements, and meet carbon emission reduction goals while decreasing operating costs and improving pipeline efficiency. As a consulting engineer for TransCanada in 2014, Mr. Rasmussen experienced AOT operations first hand; in a similar role for QS Energy over the past two years, he helped spearhead critical design and fabrication improvements that have resulted in significant gains in AOT operating efficiencies, while achieving stable operations on a high-volume high API crude oil pipeline.
"I have seen first-hand what AOT can do for pipeline operators, and why it's critical to their long-term success," says Mr. Rasmussen. "I am thrilled to have the opportunity to expand on our initial success with AOT, help continue to improve and streamline it, and work with pipeline operators to bring this technology to wide adoption across the industry." Adds CEO Jason Lane: "Shannon's on-site experience with AOT, along with his deep industry expertise and contacts, makes him an ideal partner to help QS Energy bring these critical advances to an industry that needs them."
In addition to his recent on-site consulting with QS Energy, Mr. Rasmussen has served as a project - program manager and consultant for TransCanada Pipelines across a range of compliance-related projects including Keystone, Gulf Coast, KXL, and Energy East Pipelines. Mr. Rasmussen holds a B.S. in Mechanical Engineering from the Colorado School of Mines, is a registered Professional Engineer (PE), and a certified Project Management Professional (PMP). Mr. Rasmussen, along with his wife and three children, are looking forward to relocating to the Houston area.
Some of the statements in this release may constitute forward-looking statements under federal securities laws. Please visit the following link for our complete cautionary forward-looking statement: http://www.qsenergy.com/site-info/disclaimer
About Applied Oil Technology
Developed in partnership with scientists at Temple University in Philadelphia, Applied Oil Technology (AOT) is the energy industry's first pipeline flow improvement solution for crude oil, using an electrical charge to coalesce microscopic particles native to unrefined oil, thereby reducing viscosity. Over the past four years AOT has been rigorously prepared for commercial use with the collaboration of engineering teams at numerous independent oil production and transportation entities interested in harnessing its demonstrated efficacy to increase pipeline performance and flow, drive up committed and uncommitted toll rates for pipeline operators, and reduce pipeline operating costs. Although AOT originally attracted the attention of pipeline operators motivated to improving their takeaway capacity during an historic surge in upstream output resulting from enhanced oil recovery techniques, the technology now represents what we believe to be the premiere solution for improving the profit margins of producers and transporters during today's economically challenging period of low spot prices and supply surplus.
About QS Energy
QS Energy, Inc. (OTCQB: QSEP), provides the global energy industry with patent-protected industrial equipment designed to deliver measurable performance improvements to crude oil pipelines. Developed in partnership with leading university and crude oil production and transportation entities, QS Energy's high-value solutions address the enormous capacity inadequacies of domestic and overseas pipeline infrastructures that were designed and constructed prior to the current worldwide surge in oil production. In support of our clients' commitment to the responsible sourcing of energy and environmental stewardship, QS Energy combines scientific research with inventive problem solving to provide energy efficiency 'clean tech' solutions to bring new efficiencies and lower operational costs to the upstream, midstream and gathering sectors.
NOT TRUE. This is why TRANSCANADA is showing "CONTINUED INTERESTS" in the PROVEN AOT. This is ABSOLUTELY TRUE. From the Business Plan. AOT Case Study. This is clearly in reference to TransCanada & the PROVEN AOT.
QS Energy / ATS RheoSystems Joint Testing of Commercial Beta Deployment on Mid-Continent High Volume Pipeline
In September 2014, a four-vessel AOT system was installed on a newly constructed, high-volume North-South, mid-continent pipeline under the terms of an Equipment Lease-Option to Purchase Agreement. Fabricated by QS Energy supply chain partners in 2013, the solid-state, 110-ton AOT system was shipped by freight truck and positioned on a gravel substrate on the equipment’s self-contained steel skid-mount at a pumping station of the customer’s choosing.
This commercial deployment and beta test opportunity was the result of extensive collaboration between QS Energy and executives and engineers from multiple producers, pipeline operators and supply chain partners. Following installation, pressure testing and calibration, the AOT system was interfaced with the extant SCADA (supervisory control and data acquisition) to provide a detailed overview of the system’s performance, including real time monitoring of flow rates, back flow pressure and other relevant metrics. Preliminary tests were conducted over a period of several weeks, under a variety of operating conditions and multiple grades of crude oil and diluent mixtures.
During the preliminary test cycle, it was determined that the electric field within the AOT pressure vessel was insufficient to fully treat heavy crude oils at flow rates expected under full-scale operating conditions. The power supply provided with the AOT device had been specified and approved by Temple University based on infrastructure and operating parameters, as well as on laboratory tests performed on crude oil samples provided by the pipeline operator. Detailed investigation verified the AOT power supply had been manufactured to, and was operating at, specifications as provided by Temple University, but was generating an electric field approximately 10% of that required to optimize treatment under full-scale operating flow rates 16 . It was further determined that replacing the AOT power supply with a more powerful unit would likely correct the situation. However, due to time constraints, all parties agreed to go forward with the testing using the installed power supply.
In its most extensive testing during this deployment, the AOT was operated under full-scale commercial operating conditions over a two-day period. Operations were overseen by the pipeline operator and QS Energy engineers, while engineers from ATS RheoSystems, a division of the CANNON Instrument Company (“ATS”), were on-site collecting data for subsequent analysis. Oil samples were taken from the pipeline both before and after treatment by the AOT. Viscosity measurements were conducted on three grades of heavy crude oils over the two-day testing period. Data collected and analyzed before and after AOT treatment demonstrated a decrease in viscosity of approximately 23 percent 3 hours after treatment, and a decrease in viscosity of approximately 11 percent 13 hours after treatment; 22 hours after treatment, the crude oil had returned to its original pre-treated viscosity.
INCORRECT. So the Chief Operating Officer of the Natural Gas Pipeline business unit of Kinder Morgan has joined the BOD of QS Energy. This CONFIRMS KINDER MORGAN wants the PROVEN AOT.