|
|
|
|
Microbes, Inc. is capitalizing on its competitive advantage
to acquire oil and gas assets in major producing regions
of the global petroleum industry. Microbes’ proprietary
Microbial Enhanced Oil Recovery Biotechnology places
it in a unique position to earn equity returns in global
class oil fields through partnerships with state-owned
and multi-national oil companies.
Migration microbial enhanced oil recovery (MMEOR),
developed by Microbes, is a technology that can enhance
production and recoveries by treatment programs of existing
producing wells. The microbial process thins or reduces
oil viscosity in situ increasing production and recoveries. The
process is applicable to single-well and multi-well projects
and does not require capital expenditures or expensive
well conversions. This technology has the potential of
substantially increasing oil recoveries in a majority
of oil fields and is friendly to our environment.
The application of this microbial enhancement technology
can increase oil recoveries in all stages of reservoir
depletion. Proven results in over fifty thousand treatments
have shown Microbes, Inc. to be a world leader in MMEOR.
Oil production increases while operational problems and
costs decrease, providing substantial added commercial
value to Microbe's customers.
Microbes, Inc.'s technology will help mobilize the estimated
one trillion barrels of immobile oil reserves in the world
today and enable it to be produced using currently employed
production techniques.
The company retains its engineering oriented approach.
It relies on petroleum engineering and laboratory analysis
to make technical recommendations and proposals to industry
professionals to monitor the results of each MMEOR
project. In some parts of the world Microbes, Inc. depends
on distributors to market MMEOR
technology. In other parts of the world the company operates
independently or through joint venture agreements with
a host government.
|
|
|
|
|
