BM Technology for Oil and Bitumen Extraction

Dramatically stimulates production/extraction Economical on resources Lowers water cut/irrigation of the formation TCTM Limited Environment friendly
www.tctm.eu Liechtenstein

TOO GOOD TO BE TRUE?

What if you could
produce 5-10x* more oil day-to-day, and 20-40% more over the wells lifetime?

restore old and irrigated wells to their original productivity? produce crude oil for $15 a barrel or less?
exploit reservoirs too (economically) difficult to drill for?
* The higher the water cut, the lower the multiple of extra extraction.
Average is 6x. Newer wells produce 8-10x faster.

BINARY MIXTURES DOES ALL THAT

Preparing the BM system in Russia

BINARY MIXTURES (BM): GAME-CHANGING MIRACLE?

Thermal fracturing more powerful than hydrofracture Less expensive than any other method

Cleans skin layer and collector thoroughly More efficient and environment friendly than any other oil recovery method

THE PATENTS
Patent No. 1 WO 2010/043239 A1 (April 2010) generates a huge amount of gases, raises heat up to 500 C, lowering viscosity of oil, enabling significant stimulation of production. Patent No.2 - WO 2012/025150 A1 (February 2012) Method and equipment for thermochemical treatment of productive layer. This enables extraction from a much larger formation. Also enables simultaneous well stimulation and recovery.
Two more patents are under development to concentrate on shale oil and shale gas

RESULTS OF LIVE TESTING IN RUSSIA

Figures in orange = total extra tonnage oil extracted
Well Exploitation Days Average Daily Oil Rate

Well Number

Downhole Equipment

Operation Month

Start-Up Date 09.11.2011

Basic Oil Rate 3.5

Additional Extraction, tons

127.9 169.5 143.5 143.2 123.3

Specific Oil Rate, t/day

November, 2011 December, 2011 1242 EVNT 25-1500 January, 2012 February, 2012 March, 2012

22 31 31 29 31

9.3 9.0 8.1 8.4 7.4

Total
January, 2012 3003 EVNT 25-1500 February, 2012 March, 2012 04.01.2012 1.93

144
28 23 31 10.6 10.6 9.98

707.4
242.9 199.6 247.6

4.92

Total

82

690.1

8.44

EXAMPLE A SMALL, 50% WATERED WELL

Scenario: This well was already closed. Formation = 785 m3 heated to 100C, 50%-watercut, oil is heavy crude
All money amounts are in USD

Cost of chemicals equipment rental costs Initiator cost Labor costs (15 workers @ $250 a day for 7 days) *

21000 10000 10000 26000

insurance, admin
TOTAL COSTS oil extracted, in BBL Result: price per BBL
estimate is relatively very high.

3000
70000 5000 $14

* The workers can be easily working on up to 10 wells at a time. So this cost

Notes: We can heat a larger formation up to 500C, producing more oil over time without requiring the Initiator. The larger the well/formation, the more we can heat, resulting in a more profitable scenario

COMPARING THE METHODS

Criterion
Principle

SAGD

Hydrofracturing

BM

Heats the formation with steam to lower Cold liquids at enormous pressure Heats the formation to lower viscosity. Chemical reactions increase energy and viscosity to fracture formation gas-lifting Can treat and recover simultaneously Rapid water-logging Rapid water-logging No irrigation or any other damage

Damage to well
Production over time Energy loss Depth limits

Non-economical after appx. 30% of oil Non-economical after appx. 35% of Can extract 50-80% of all oil from the well over its lifetime is extracted oil is extracted +/- 25% to heat water and to transfer it Strong pumps (>10.000 HP), to well proppants 800-1000m (more, if costly thermoinsulated tubing is used) 250C Large (infrastructure for steam production and delivery, or at least some movable steam generator) Negligible loss

Depends on well construction and Weve done 5km and can go much deeper strength of pumps available N/A Large: water tanks, strong pumps, proppant From 100-500C, fully regulated
Stand-alone unit: $130,000; less for nearby units. Mobile unit (for many re-uses): $350,000 + chemicals (+/- 50,000 USD depending on market prices)

Temperature reached

Investment

Production costs Environment-friendliness

$50-60/BBL

$40-60/BBL

$10-35/BBL depending on geological/market conditions No damage; by-products are nitrogen, water, and CO2. All other solid materials (if indeed any) remain down in the well. Heavily-watered wells can be recovered

Water pollution. High-maintenance steam production burns lots of fuel (well must be permanently stimulated) Increasing water content lowers economical effect

Wasteful and requires a lot of water that gets polluted

Repeatability

Not economical and potentially Can be repeated many times or can run permanently dangerous to the earth and water

HOW DOES IT WORK?

Liquid chemical solutions are delivered down two channels into the well.
The chemicals mix and react deep in the productive layer, creating extreme heat and a lot of gases. Oil viscosity is lowered as it heats up in the formation. The oil reacts with the heat/chemicals, creating extra energy for gas lifting. Oil is extracted at an accelerated rate, in multiples.

its that simple

In addition, the well undergoes a significant reduction in irrigation

This means, apart from our treatment, production increases organically.

BENEFITS OF BINARY MIXTURES

Multiple times faster extraction, every day 20-40% more total production over the wells lifetime

Much lower production costs than any other method

Replaces hydrofracturing Restores old, heavily-watered oil fields Fully controllable at every operational phase Probably the most environment-friendly method of enhanced oil recovery known

WHAT TO DO NEXT?
1. Fill in the technical data on our Calibration Questionnaire 2. We calibrate the proper formula, provide a detailed estimate of costs and conditions 3. After we agree, you prepare basic equipment on-site 4. We do the live demo on your well 5. If the results are as expected, we implement the agreed solution 6. See your production rise by 5x or more and ROI increase exponentially 7. TCTM collects their fee based on your incremental output www.tctm.eu
info@tctm.eu