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Replies to post #46035 on QS Energy Inc (QSEP)
On a final note, I am pleased to announce QS Energy has been invited to participate as a premium presenting company in the annual Spring Investor Summit in New York City, April 1st and 2nd. “We are excited to host QS Energy,” said Tony Yu, CEO The MicroCap Conference. “QS Energy CEO Jason Lane and CFO Michael McMullen will be presenting to an audience of investors in the energy track room as well as participating in 1x1 meeting discussions with many qualified, pre-screened investors.” The Spring Investor Summit’s focus is to highlight the most compelling publicly traded small-cap and micro-cap companies across all sectors. This upcoming event will feature up to 200 presenting companies, 1200 institutional and retail investors, many one-on-one meeting opportunities, expert speakers, and industry panels.
ABSTRACT
We demonstrate that the cold flowability of the waxy crude oil can be significantly improved via electrical treatment. A novel apparatus was assembled to electrically treat the waxy crude oil while simultaneously measuring its rheological properties. A method was developed to calculate the oil’s viscosity by using non-Newtonian fluid mechanics and rheological principles. Lower treatment temperatures, higher electric field strengths, and lower shear rates provided greater viscosity reduction. Notably, a viscosity reduction of 70% was obtained when the oil was electrically treated near its pour point for 90 s. Microscopic examinations indicate that the broader size distribution of wax particles in the treated oil might be responsible for the observed viscosity reduction. Besides, the energy consumption of the electrical treatment was estimated to be less than 1% of that of the conventional heating method to achieve the same viscosity reduction performance.
CONCLUSIONS
We assembled a novel apparatus to electrically treat the waxy crude oil and developed a method to calculate the viscosity variation during the treatment by using non-Newtonian fluid mechanics and rheological principles. Lower treatment temper- atures, lower shear rates, and higher electric field strengths provided higher viscosity reduction. This viscosity reduction might be caused by a broader wax crystal size distribution in the oil after the treatment. A viscosity reduction of 70% was obtained after the crude oil was electrically treated at 18 °C and 0.8 kV/mm for 90 s. Moreover, the electrical treatment was estimated to consume less than 1% of the energy assumption associated with heating to achieve the same viscosity reduction performance. These findings demonstrate that the electrical treatment might be an efficient and economical technology for improving the cold flowability of waxy crude oils.
We are also very excited by opportunities in Asia, having recently reopened discussions with an Asian crude oil company with prior experience testing AOT equipment in the field. Although these discussions are early stage, we have provided a draft LOI and hope to move quickly based on their experience and familiarity with QS Energy and our technology.
02/16/19 5:53 PM
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