Jim Letourneau's Blog

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Chemical Enhanced Oil Recovery - It's as Easy as ASP

As part of my ongoing research into the Enhanced Oil Recovery sector I've been talking with Oil Chem Technologies.

Oil Chem Technologies of Sugar Land Texas is a leader in Chemical EOR.
They currently they have 21 projects scattered throughout Asia, North and
South America.

chemical EOR surfactants and process have resulted in between 15 and
30% recovery of original oil in place (OOIP). They are the 6th fastest
growing private energy company and the 4th fastest growing company
overall in the Houston/Galveston area.

Costs of chemical EOR projects are less than $5 per incremental barrel of oil production.

Listen to Oil-Chem Technologies' President, Christy Lee, talk about chemical EOR