US university forms research partnership with VeruTEK
VeruTEK Technologies has entered into a research partnership with the University of Wyoming Enhanced Oil Recovery Institute (EORI) in Wyoming, US, to improve oil production.
As part of the agreement, EORI will assess the potential of VeruTEK enhanced oil recovery (EOR) products for improving oil production in Wyoming formations.
The project, which includes bench scale testing, is expected to lead to field pilots with oil producers in the state of Wyoming.
VeruTEK and the institute will report lab scale results during the University of Wyoming's annual IOR / EOR conference.
David Mohrbacher, EORI director, said the institute's mission is to assess emerging technologies, such as VeruTEK's new gas generating chemicals, for use by Wyoming producers.
"We look forward to providing our consortium of area producers with reliable data relevant to the application of this technology at our September IOR / EOR conference," Mohrbacher added.
VeruTEK oilfield chemicals, which combine plant-based solvents, nonionic surfactants and an EOR activator, are marketed as an alternative to solvents, acids or caustics used in oil fields for drilling mud out as well as wellbore and near-field damage removal.
Dan Socci, VeruTEK CEO, said the company EOR fluids have improved production in multiple reservoirs in the south-west and mid-west.
"We are very pleased to work with EORI and its world-renowned research team to demonstrate how our chemistry successfully addresses production impediments specific to Wyoming producers,'' Socci said.