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Case Studies
Case Study One
4X PRODUCTION INCREASE WITH THREE MONTH PAYBACK
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In this case study, we treated a producing well with gel polymer ~6 months after completion.
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Before treatment, the lease was making ~5.3bopd.
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Treatments added over 23k BO in (gross) reserves and peaked at over 63bopd.
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The well averaged 24bopd for the first 24 months with a payout in less than three months based on $60/BO.
Case Study two
7X PRODUCTION INCREASE WITH LESS THAN TWO MONTH PAYBACK
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After successful treatment in case study one, the operator had us back in 2012 to treat another producing well with gel polymer ~4 months after completion.
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Before treatment, the lease was making ~10.6bopd.
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Treatments added over 40k BO in (gross) reserves and peaked at over 83bopd.
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The well averaged 30bopd for the first 24 months with a payout in less than two months based on $60/BO.
case study three
3X PRODUCTION INCREASE WITH less than THREE MONTH PAYBACK
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In another Polymer Technologies case study, this lease was making ~13bopd before treatment.
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Treatments added over 25k BO in (gross) reserves and peaked at over 44bopd.
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The well averaged 28bopd for the first 24 months with a payout in less than three months based on actual production/sales @ $60/BO.
case study four
3X PRODUCTION INCREASE WITH less than THREE MONTH PAYBACK
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We got to work on a three-well lease producing less than 20 bopd prior to treatment: 2 wells were treated with 15,520 bbls (total) of gel polymer, the third received a two-stage treatment of just under 10K bbls.
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Our treatments added more than 35K BO in gross reserves, peaking at over 76 bopd.
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The lease went on to average 25bopd for the next 12 months, with payout in less than 3 months based on $60 oil.
