Enhanced Oil Recovery (EOR)

SOPAN has signed a Service Agreement with Titan Oil Recovery, Inc., a veteran in the field of Enhanced Oil Recovery (EOR) with deployments across four continents, for providing Organic Oil Recovery (OOR) solutions to the Indian Oil Production Industry.
The TITAN PROCESS® is a revolutionary and cutting-edge technology to recover trapped oil, without requiring any drilling or exploration or fracking.



The Titan Process® is a new direction in Improved Oil Recover (IOR) / Enhanced Oil Recovery (EOR). It is a breakthrough in low cost, no capital required oil recovery, offering oil operators an advanced, state-of-the-art secondary and tertiary oil recovery technology and represents an advance over previous Microbial Enhanced Oil Recovery (MEOR) approaches. Combining petroleum engineering and breakthrough biotechnology, the Titan Process produces more oil, lowers lifting cost and allows the optimization of a field’s potential. The Titan Process provides field operators with an improved return-on-expenditure and an opportunity to certify additional reserves as a result of expanded field treatments.



Impact

Titan has developed and deployed this technology on 48 global oil fields with 300 well applications. The average increase in oil production has been 92%.
The impact has been documented by clients such as Husky Energy, Venoco and Atinum E&P in SPE (Society of Petroleum Engineers) papers, acknowledging success of the Titan process on their oilfields. A sample of one such onshore well applications in North America is shown below, which demonstrates the expected impact from the Titan Process.


Recognition

" Titan's breakthrough technology works... I am impressed with the results... remarkable consistency. "

- Dr. Alan Heeger, Nobel Laureate.

The company has had favorable industry and media coverage by The Society of Petroleum Engineers, Schlumberger’s Oil Field Review, New Energy and Fuel, E&P Magazine, Chemical Engineering News, American Gas & Oil Reporter, New Technology Magazine, Alberta Oil and others. Titan was also featured in James Sheng’s Enhanced Oil Recovery Field Case Studies Book. At one of the oil industry’s major conferences on new technology, The Rice Alliance 2012 Conference, Titan received the prestigious Most Promising New Technology Award. This recognition was voted by the gathering of more than 350 industry professionals and experts.


(For more information about the Titan process® and Titan Oil Recovery, Inc., please visit the website: http://titanoilrecovery.com/)