General Mtg: Recycling for Drilling & Fracturing: Lower Costs & Good for the Environment

Speaker: Tom Wentzler, President, Binder Science LLC
Speaker Tom Wentzler, President, Binder Science LLC
  Tom Wentzler graduated from Pennsylvania State University with a BS and MS in Engineering.  He then graduated from the University of Michigan with an MBA in Operations Research and Statistics.   After graduating, he worked for Dow Chemical in Midland, Michigan in chemical plant optimization, technical manager for uranium recovery, ...

 


Tom Wentzler graduated from Pennsylvania State University with a BS and MS in Engineering.  He then graduated from the University of Michigan with an MBA in Operations Research and Statistics.   After graduating, he worked for Dow Chemical in Midland, Michigan in chemical plant optimization, technical manager for uranium recovery, and market manager for copolymer bead sales into the oil industry.  Dow moved Wentzler to Houston to run their Clear Brines Business in 1979.


In 1981 Wentzler co-founded Tetra Technologies.  Tetra went public in 1991.  In 1995 Wentzler retired for several years.  In 2003 Wentzler founded Magnolia Research and later acquired Binder Science LLC.  Binder Science uses chemicals to build lease roads, locations and industrial yards.  Binder also makes proprietary flowback chemicals, nanoparticulates, frac and coil polymer slurries, lubricants and microemulsion cleaners.

Full Description

 ABSTRACT

This is one instance where you can “get your cake and eat it too”.  Almost everyone is driven by the same metric: Improve the internal rate of return by driving costs down.  Eventually, this approach asymptotes to a limit.  Once costs are driven down to a certain level, service quality starts to suffer; e.g. mistakes are made, inefficiencies start to outweigh the product cost savings, etc.  Clearly, a fresh approach to the problem is needed and recycling offers a new paradigm that will re-set the cost bar to a new low level.

This approach is possible if key cornerstones are in place.  First, the ingredients need to be green by measureable standards in order to satisfy the regulatory agencies.  The drilling fluids must be easy to run and able to obtain consistently a better Rate of Penetration (ROP) than that of Oil Based Muds (OBM’s)  and Saline Based Muds (SBM’s).  Then, those cuttings need to be re-used to build strong, impenetrable locations that are spill resistant.  Finally, fresh or saline frac water and produced water should be re-used to build new drilling fluids and frac fluids that are superior to those currently in use today. 

 

 

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Parking for this event
 
The Petroleum Club provides valet parking service on the Milam Street side of the EXXON-MOBIL Building for a fee of $7. Enter the valet parking ramp from the Milam Street side of the building. Parking on the street around the EXXON-MOBIL Building is also possible - pay at parking meters located on each block.  Parking is also available at public parking lots in the area for a fee in the $6 - 8 range.  However, due to the loss of other nearby surface lots in recent months (due to construction of new buildings), the lots across from the EXXON-MOBIL Building are sometimes full by mid-morning. 
 
Organizer Barry Faulkner

Email: barryfaulkner@earthlink.net
Phone: (281) 627-8790 

When?

Thu, Apr. 10, 2014
11:30 a.m. - 1 p.m. America/Chicago

How Much?

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Where?

PETROLEUM CLUB, 43rd floor, EXXONMOBIL Building
800 BELL STREET
Houston, Texas 77002
United States

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