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Replies to post #48570 on QS Energy Inc (QSEP)
Dr. Gallagher has been an invaluable asset to the team as he has deep expertise in addressing flow assurance and the complexities of heavy crude oil transportation.
in which case we will use in-field operations to test, confirm and supplement our laboratory test results.
We believe these modifications may enhance output and efficiency and may provide us new areas to expand the Company’s intellectual property.
“Our plans moving forward are centered on achieving commercial adoption of our AOT device leading to sales and revenue as soon as possible. Over the past year, we have met with many leaders in the midstream oil industry who expressed interest in AOT, subject to seeing and evaluating commercial operations and data. Assuming successful operations, the demonstration AOT project should provide both real-time and long-term data quantifying increased flow rates and other pipeline operating benefits. All collected data will be normalized so that it can be used to evaluate the financial and operational benefits across a wide range of commercial operating scenarios without disclosing confidential details of our demonstration partner’s operations. We believe that real-world data, which may be available within a few weeks of establishing sustained operations of our AOT demonstration project, may be used to accelerate commercial adoption of our AOT technology, positioning us to re-engage with industry executives, and targeting sales in 2020.”
Dr. Gallagher commented, “I remain highly encouraged by the opportunity, and we have been proactive while dealing with the recent hurdles. Although we have experienced some delays, the AOT represents a transformational technology in its potential to replace traditional diluents. I am pleased to be part of this team, and I look forward to assisting further in the demonstration project along with preparing for commercialization.”
Over his career, Dr. Gallagher has brought multiple technologies to the international market, has worked and sold products and services in many countries, and has deep expertise in addressing flow assurance and the complexities of heavy crude oil transportation for one of the largest oil services companies in the world. As President of Multiphase Consulting, Dr. Gallagher provides consulting services to the oil and gas industry in the areas of strategy development, due diligence, technical evaluation, and business development. He also advises clients on procurement of new technologies and acquisition activities. Previously, Dr. Gallagher served as President of e9 treatments, where he developed and executed a strategic plan to advance the company's surface treatment technologies in the oil and gas industry, including expansion of the IP portfolio, and commercialization activities, resulting in significant cost savings due to improved wax management for the customers. From 2012 to 2015, he served as Vice President of Technology and Product Management at Rockwater Energy Solutions, a leading provider of water solutions and oilfield chemicals to the North American oil and gas energy market. While at Rockwater, he built a strategy targeting high growth areas for development resulting in an increase in the number of successful new products by more than 200% the first year. He also streamlined operations and rationalized product lines resulting in significant cost savings. From 2010 to 2011 he served as a Vice President with SCF Partners, an energy-focused private equity firm. From 1996 to 2010 he served in a variety of roles with Baker Hughes, most recently as Vice President of Technology for Fluids and Chemicals managing a team of 100 scientists and engineers, where he oversaw a variety of product platforms including drilling fluids, reservoir fluids, fluid environmental services, production optimization, integrity management and flow assurance. Dr. Gallagher holds a Doctor of Philosophy in Chemical Engineering from the University of Notre Dame, a Master of Science in Chemical Engineering from the University of Notre Dame, and a Bachelor of Science in Chemical Engineering from the University of California, Davis. He has authored 10 patents and numerous publications in the fields of fluid dynamics, chemicals, as well as oil and gas technologies.
