Here is a sample of some of the wells we treated in Russia in 2012.
With proper logistical organization, one of our automated systems can manage up to 100 common vertical wells per year. Horizontal wells will take a few days longer, but production is relatively much higher. For an EETCT treatment, it is often necessary to use an overhaul rig and/or coiled tubing; this is available from the service company or operator and thus there is no increase in investment costs. The results show that (with an oil price of USD 50/bbl) each US$ 1 invested in an EETCT treatment (not counting the one-time purchase of the automated system, which is typically below US$ 400,000) will usually result in $5-10 in extra oil recovered within one year. And the production increase will last for up to several years for each well. In countries with particularly high labor costs and raw material prices, it is still possible to achieve a return of $3-5 per $1 invested. With a careful analysis of the oil field and selection of wells, this ratio is likely to be much higher. There are not many technologies in the world that have a better ROI.
Roughly put, each 100 tons of chemicals can heat around 3000 m³ of formation (roughly 20,000 barrels of oil) by 100°C.