Transworld Technologies Announces Participation in 2016 Pan American Mature Fields Congress to Present Enhanced Oil Recovery White Paper
Scientific Presentation by Roland P. DeBruyn at the 2016 Pan American Mature Fields Congress on February 17-18, Veracruz, Mexico
(firmenpresse) - GOLDEN, CO -- (Marketwired) -- 02/10/16 -- Transworld Technologies Inc. ("Transworld Technologies" or "TTI") announced today that Roland DeBruyn, Vice President of Engineering and Implementation, is scheduled to make a presentation at the 2016 Pan American Mature Fields Congress being held at the World Trade Center in Veracruz, Mexico on Thursday, February 18 at 9:00 A.M. Central Time.
Mr. DeBruyn is scheduled to present the findings of a white paper titled "Technical Background on Bio-Enhanced Oil Recovery." His presentation is focused on Transworld Technologies'' biogenesis technology and how it improves flood performance and oil production in mature oilfields on waterflood. TTI has significantly advanced the science surrounding microbial EOR based on its improved understanding of how native microbes can be activated to increase sweep efficiency and oil contact within the reservoir. TTI''s solution is to inject its patented formulation into oil reservoirs using the operator''s existing waterflood infrastructure. Once activated the native microbial populations already present within the formation will create methane bubbles to divert water flow into the unswept area of the reservoir to increase oil production. This technique revolutionizes microbial EOR solutions and gave rise to BioEnhanced Oil Recovery technology.
The White Paper is available on the Company''s website at .
Transworld Technologies offers two BioEnhanced petroleum recovery solutions, including Activ8 for mature oil fields on waterflood and ReActiv8 for biogenic gas reservoirs. These solutions are deployed after a thorough scientific analysis of the reservoir environment, including DNA sequencing of the microbial communities living within the reservoir to develop a custom treatment to enhance oil recovery. By distributing Activ8 within the swept zone of the reservoir, microbes are energized in a way that broadly changes conditions resulting in increased oil production.
Transworld Technologies Inc. provides BioEnhanced Petroleum Recovery solutions to mature oil and gas fields. Our technology is designed to increase recovery factors, accelerate production, and extend the economic life of declining oil and biogenic gas reservoirs. This technology strengthens the long-term value of these mature assets. Our patented and proprietary bioscience works in conventional oil and biogenic gas reservoirs. By leveraging existing infrastructure to deploy our technology, no additional capital costs are incurred.
Steve DeSalvo
Vice President Business Development
Transworld Technologies Inc.
720-630-2905
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Datum: 10.02.2016 - 06:00 Uhr
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