TCTM Oil Ltd. has the exclusive right to use and propagate two new patents, which expand upon the previous two patents, published in 2010 and 2012, and were invented by essentially the same team of developers. A third patent is pending and others are being designed with respect to the automated system.
Old Patent No. 1
Titled: “Gas evolving oil viscosity diminishing compositions for stimulating the productive layer of an oil reservoir”.
Provides a method for heating oil reservoirs based on the thermo-chemical reaction of two or more reagents, causing the release of huge amounts of energy, heating up a large part of the formation all around the well, reducing the viscosity of the oil in the formation. A large amount of gases are created, enabling gas-lifting.
Old Patent No. 2
Further development of Patent No. 1, using a new method of application, plus a solution for placing packers. This enables the chemicals to be continuously transferred in-situ, while the oil is pumped out simultaneously and continuously by the same well.
New Patent No. 1 (currently filed in Czech Republic)
This patent specifies the chemicals and catalysts, and enables a better selection of materials with the aim of reaching either higher temperatures (enables hydro-cracking or thermal cracking in-situ), or higher pressure (enables fracturing of the formation (without injecting significant amount of water) and/or stronger artificial gas-lifting).
New Patent No. 2 (currently filed in Czech Republic)
This patent solves the treatment of very heavy oil and bitumen deposits. This technology breaks the long chains of molecules by a suitable chemical components together with proper catalysts, and permanently converts heavy crude oil into lighter oil, in-situ. This significantly increases the amount of oil recovered and can revive old, watered wells. Light oil is easier transported, and with a higher selling price than that of heavy oil and bitumen.