Munsback, Luxembourg (PRWEB) June 20, 2010
Uni Oil and Gas Partners Ltd, in an effort to produce as much oil and gas with as little environmental impact as possible, while simultaneously reigning in costs, hopes to utilize the innovative fracturing alternative Freeze Frac in its upcoming projects. Conceived and developed by Darrell Kosakewich, the original founder and president of Triple D Technologies Inc., this liquid C02 refrigerant activated process holds the key to effectively retrieving as much oil and gas as possible from a reservoir that was previously unattainable.
“The Freeze Frac process is actually a combination of technologies which are lower in cost than those of the past, and will enable small independents like Uni to better compete with the majors who have seemingly unlimited funds to throw down a hole,” an officer of Uni said after a recent board meeting that had been called to address this strategy. “We are streamlining our operations by implementing new innovations in the fields of research, drilling, completion and production so that we can not only increase our success rate, but bring our projects to production faster and at less expense to the partners,” he concluded.
Kosakewich discovered his process while experimenting with freezing coal. Upon freezing a piece of coal it then shattered into smaller pieces, and upon observing this the seed of his idea began to grow. He understood that this phenomenon was the basis of fracing, and if he could have the relevant technologies developed and tested, he would be on the way to providing a service that would not only be more affordable, but create less environmental impact during well completion, which is always a concern to those in the industry. Typically environmental concerns while drilling can run into millions of dollars and make drilling and producing in certain areas unfeasible or not profitable. Kosakewich’s process can resolve both the issue of cost and the possible degradation of the environment at the same time.
The movement of ice helped to shape the face of our planet and it has always been recognized for the awesome force that it is. During the formation of ice water expands approximately nine percent in volume. When this phenomenon is orchestrated to occur during the completion phase of a well it translates into a tremendous amount of pressure deep in the reservoir, forcing it fissures to expand and fracture the rock. As in other fracing process such as water, new fissures are opened up and they allow the precious hydrocarbons to flow, but at a much more manageable cost and with environmentally sound results.
Maintaining its ability to flow under pressure, at below freezing temperatures, CO2 is the key to the Freeze Frac process. The liquid CO2 gas is pumped into a smaller, inner pipe that is sent down into an existing three-inch inner tube, which is set within the eight-inch bore hole. Water is then sent down the hole to fill the newly created space between the outer tube and the wellbore itself. As the water freezes it fractures the surrounding areas of rock. Done repeatedly, this process achieves much more fracturing in a more proficient manner than before, and in a relatively short period of time. Another bonus of this style of fracturing is that the fracs can now run vertically allowing them to remain open without the injection of proppants, toxic chemicals and in some cases gels. To further mitigate the environmental issues of drilling and oil production this new process requires no fresh water, something that has becoming a scarcity in many areas around the world where fracing is performed.
The Freeze Frac process is performed repeatedly within a given well bore which creates what Kosakewich calls, a “jacking effect”, causing the fissures and cracks to radiate further and further outward, and accessing more and more of a reservoir. By employing an innovative fluid-cutting technology drillers are now able to punch through previously installed well casings to create as many new horizontal bore holes as desired. This then allows for further horizontal drilling which can increase a well’s productivity by as much as five percent without having to increase above ground infrastructure or the wells footprint topside. This new found ability to further produce from new and existing fields will increase profits and value for those producers who embrace it as a new wave for fracturing’s future.
About Uni Oil and Gas Partners
Uni Oil and Gas Partners Ltd have a strategy of drilling low risk oil and gas prospects; typically Uni chooses areas within Texas that are already established for having excellent production. The company's area of expertise is in obtaining superior quality leases in long proven fields that are surrounded by existing production. Through the use of sophisticated seismic analysis, and multi-volume visualization models, along with precise depth imaging and reservoir characterization their research team will then seek to tie in the prospect that is under consideration, with the existing surrounding proven production areas.
Uni Oil & Gas Partners have assumed principal responsibility on many key oil and gas projects within Texas and they have significant experience in projects throughout the Permian and Fort Worth Basin Regions. Qualified investors seek Uni out for their professional investment advice, project management acumen and the knowledgeable guidance that they are known for. Uni Oil & Gas Partners offer a comprehensive spectrum of services to the upstream, midstream and downstream oil and gas sectors. Qualified investors are invited to contact Uni Oil and Gas Partners Ltd for information regarding their past, current and future offerings.
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