Business
Texas Sales Begin for OriginClear’s Crude Oil Sweetening Liquid
Texas Sales Begin for OriginClear’s Crude Oil Sweetening Liquid.
About this update from Originclear, Inc.
[{"type":"text","content":"\n \n OriginClear \n Inc. (OTC/QB: OOIL), \n a leading provider of water treatment solutions, today announced that Cobalt \n Aqua Control LLC (Cobalt) recently shipped its first commercial sale \n of 15 barrels of an injectable crude oil sweetening liquid, produced \n with OriginClear technology, to an oil operator in South Texas.\n \n\nThis Smart News Release features multimedia. View the full release here: \nhttp://www.businesswire.com/news/home/20160415005190/en/\n\n \n \n Cobalt operating their H2S-N system at a customer site in Texas. (Photo: Business Wire) \n\n\n \n Cobalt is a developer of oil and gas technology and remediation \n solutions based in Houston, TX. OriginClear licensed its Advanced \n Oxidation (EWS:AOx™) \n technology to Cobalt, and, through a wholly-owned subsidiary, has a \n significant membership interest in Cobalt. Cobalt’s process produces a \n liquid that can significantly improve oil recovery, reduce corrosive gas \n in the crude stream, and increase overall ROI for operators.\n \n \n Known as H2S-Neutralizer™ (H2S-N™), this injectable liquid has demonstrated \n a dramatic improvement in oil recovery ratios, as evidenced by a stable \n increase in well-head pressure. In addition, H2S-N has been shown to \n significantly reduce hydrogen sulfide (H2S) concentration in \n the crude stream.\n \n \n “In the first field trial we did with H2S-N, we were able to increase \n wellhead pressure in a gas well from an unstable 20 psi to an average 40 \n psi for a six-month period,” said William Germano Jr., Co-founder and \n Manager of Cobalt Aqua Control. “Working with OriginClear will help oil \n and gas operators get more value out of their production, with minimal \n environmental impact.”\n \n \n In addition to wellhead pressure testing, other tests were performed \n with crude oil contaminated with H2S, or hydrogen sulfide, a \n highly corrosive gas that helps cause crude oil to become “sour” and \n lose value in the market. In field tests, hydrogen sulfide was measured \n from a 200 ppm concentration down to Below Readable Value (see pp. 5 and \n 6 of the lab \n report).\n \n \n “The market imposes a penalty for sour crude of about 13 billion US \n dollars annually,” said Jean-Louis \n “JL” Kindler, President of OriginClear...