In-situ Vapor Extraction Technology (IVE)*
IVE technology enables quality oil to be produced from heavy oil and depleted conventional oil reservoirs. The technology is also applicable to the unconventional resources of oil shale and tar sands.
IVE has the following key advantages over other methods for extracting difficult to produce hydrocarbons:
- Low capital and operating costs, resulting in profits, even in challenging price environments
- Good quality synthetic crude oil production, garnering premium pricing
- Scalable, single well profitability insures a better rate of return
- Rapid oil extraction result in higher return on investment
- Broad applicability to heavy oil, and depleted conventional oil, as well as oil shale and tar sands.
- Low environmental impact reduces barriers and risk
*Patent Pending