7.25.2007

OilOnline - The Original Online Source for the Oil Industry

OilOnline - The Original Online Source for the Oil Industry: "GloriOil is successfully applying biotechnology in mature fields in the Texas Panhandle and West Texas to improve recovery and reduce operating costs. Developed and proven in multiple fields in Asia since 2001, GloriOil's innovative, environmentally safe Enhanced Oil Recovery by Microbial Consortia (EORMC) process establishes a downhole bioreactor in the formation near the wellbore that has delivered substantial production gains from mature oil wells. In addition, field applications to date have noted a significant decrease in water cut while demonstrating an improvement in oil quality. A derivative technology has also been used to create an internal biofilm coating on downhole tubulars to prevent paraffin buildup."