Wednesday, December 3, 2008

Can nanosensors boost oil production?

Oil companies and service companies are helping finance a research consortium promoting nanotechnology. The consortium hopes that subsurface nanosensors can coax more oil and gas out of conventional reservoirs.

The Advanced Energy Consortium says it “seeks to build a vital and economical hydrocarbon bridge while renewable energy resources are being developed.” AEC seeks to use nanosensors to characterize reservoir rock formations.

The medical industry already uses nanotechnology—engineering on the level of atoms and molecules. Paul Ching, AEC executive director, said most major oil companies are researching nanotechnology.

AEC members include BP America Inc., Baker Hughes Inc., ConocoPhillips, Halliburton Energy Services Inc., Marathon Oil Corp., Occidental Oil & Gas Corp., Schlumberger Ltd., Royal Dutch Shell PLC, and Total SA. The Bureau of Economic Geology at the University of Texas manages AEC. Rice University is a collaborating technical partner.

Separate from AEC, ConocoPhillips announced a 3-year nanotechnology program with the University of Kansas to research and test new technologies for enhanced oil recovery.

Stephen Brand, ConocoPhillips senior vice-president of technology, said the inclusion of nanoparticles might yield more efficient, environmentally sensitive EOR technologies.

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Blogger marketing poshe said...

Thank you for this interesting post on nanosensors boosting oil production.

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