The second shale oil revolution is starting
High-Tech Oil Engineering Company

About us

KEROGOIL Zrt. is the holder of invention licensing rights of a thermal technology for the development of shale oil reserves including kerogen and tight oil and other hard-to-recover hydrocarbon reserves – oil shale, heavy oil/natural bitumen and bituminous oil bearing formations.

The technology is based on international patent-pending inventions.

Technology

The technology’s main distinctive feature from conventional thermal methods is the irreversible molecular modification of hydrocarbons due to in-situ catalytic pyrolysis/hydro-pyrolysis and other processes.

During the operation of the technology supercritical/ultra-supercritical water (P = 23-55 MPa (3,300-8,000 psi), T = 600-650 °C (1,100-1,200 °F)) with high enthalpy is injected into kerogen/tight oil/bituminous oil formations lying at a depth up to 4,000 m (13,000 ft). This way realization of in-situ hydrocarbon irreversible molecular modification and tight oil upgrading and synthetic oil/gas generation from kerogen take place.

The crude oil with reduced viscosity, being able to flow, can be extracted through the same wells used for injection in flowing production mode.

A special surface-based ultra-supercritical water generator with its auxiliaries is used to generate the injected fluid, which is part of the Company’s inventions, together with the tubing of special material equipped with heat-insulated coating, and the high temperature, high pressure (HTHP) packer and expansion joint.

Outside view of the ultra-supercritical water generator (10 tons/h capacity)

WE ARE DIFFERENT

There is no use of hydraulic fracturing or multistage hydraulic fracturing in the process.

No any hazardous chemical substances are applied.

Our Technology in comparison with the shale oil technology using hydraulic fracturing has the following advantages:

 

Fracking Technology

KEROGOIL’s Technology

Technology

Horizontal Wells (up-to 3,000 m) + Multistage Hydraulic Fracturing

Ultra-Supercritical Water Based Thermal Cycles

Object of Production

Exclusively Tight Oil (S1)

(Approx. 10% of total HC potential of Shale Oil plays. Аpprox. 90% of hydrocarbons of Shale Oil plays are in kerogen.)

Tight Oil (S1) + Synthetic Oil generated In-Situ from kerogen (S2)

(Target: total development of HC potential of Shale Oil plays. The Technology involves kerogen into active hydrocarbon production as well.)

Recovery Factor

6-15%, only for S1

45-50%, for S1 + S2

Maximum Oil Extraction from 1 m3 Shale Oil Reservoir (Kerogen = 20% w/w)

5-7 kg Tight Oil

110-122 kg High-Tech Oil

Average Quality

32-38 °API Tight Oil

40-44 °API High-Tech Oil

Production Costs

USD 40-60/bbl

USD 35-50/bbl

(estimation, on fully loaded basis)