Our
Business - Enhanced Oil Recovery
On
our main Lease we are working with 54 wells, 11 of which are now
producing.
We buy productive fields and enhance them at a fraction of the cost
of fully developed fields providing excellent Return on Investment
potential.
Risk
is substantially mitigated; all well bore data and production data
is available in the public domain. This allows us to complete a
reactivation analysis prior to investment.
We
also employ new technology that limits environmental affects.
To
further mitigate risk, we use a revolutionary pumping system that
allows us to forecast a fixed operational cost per well.
Our
pumping technology includes these abilities:
- Optimizing
production from high to low stripper wells
- Multiple
wells pumped from a centralized power supply
- Remote
monitoring of pumping system
- Low
environmental impact both visually and operationally
PRODO
has identified numerous suspended fields with wells that meet our
criteria. |