Description
One would be hard-pressed to say that water management isn’t a significant problem in the Upstream Oil and Gas Industry. It represents a huge operating expense and a socio-economic challenge to the industry.
What if there was a simple process for treating produced water to near-drinking water quality directly at the wellsite? The positive impact on OPEX and cash flow could drastically drive down the breakeven oil prices for much of US onshore production. What if the process had an extremely low energy footprint and an unusually high process efficiency?
This event will be the first public presentation of a new technology dubbed as: Electrochemical Nano-Diffusion (END). This innovative process was conceived by a high school student in Northern California. It was further developed while the inventor was a Midshipman at the U.S. Naval Academy at Annapolis. In 2014, the inventor was awarded the Department of Energy Award for Renewable and Sustainable Energy at the U.S. Naval Academy. Three patents were published in December 2015.
Now established as Magna Imperio Systems Corp., the company has elected to headquarter in Houston and is honored to be the first client of the Houston Technology Center – North Campus in The Woodlands. As we start our journey to further develop and commercialize this technology, we value the opportunity to present it to the SPE CGS R&D Study Group in hopes of engaging lively discussion.