REDUX Energy, sLLC (REDUX)
A fast-growing early stage oil and gas rework company organized in the state of Nevada. The Company has a management team with over 80 years of combined project management experience. REDUX specializes in the acquisition, rework & re-completing and enhancement of properties in proven oil and gas fields that offer lower risk and high potential returns in a shorter time period than through traditional exploration drilling. REDUX is capitalizing on a boom in the Oil & Gas field rework business that is being fueled by soaring global demand, robust prices for crude oil, and limited domestic production increases in the face of excessive dependence on foreign oil.
Bringing technology, management, and funding REDUX provides “turn-key” rework projects to well owners and investors.
REDUX utilizes three new technologies (PowerSlotting, PulseWave, EcoWash) and a proprietary protocol which dramatically increase the production of existing oil and gas wells without the environmental impacts of fracking. Advantages include: Low water use, increased production, higher over-all recovery, flatter decline curves, low cost.
THE COMPANY’S MISSION & VISION
Our mission is to achieve strong corporate growth in Oil & Gas production revenue and profits, as well as in the enhancement of the Company’s asset base and Investor value, while adhering to the principles of prudent financial management, employee safety and personal growth, and stewardship of the environment.
Keep it simple, honest, and clean while creating jobs and energy at home!
Appropriate Technology Applications
Slotting is appropriate for virtually all formations except unconsolidated sands. In unconsolidated sands the technology performs remarkably well and quickly, however, post the REDUX work-over the sands tend to collapse sporadically and thus the economic profitability becomes an unknown, therefore, we cannot recommend its use at present in this type of formation. This should not, however be confused with thinly laminated sandstone/sand layers which can be brought into production where perforation could not have done so. The technology has been used in almost all the US major formations now.
At well bore depths the rocks experience an overburden pressure equal to that of a mountain thus when rocks are at a depth of 10-15,000 ft (3 – 5 km) they have imposed loads of 16,000 psi – 25,000 psi (75 – 125 MPA). Drilling a well thus can be viewed as a bit like mining and is therefore subject to the laws of Mining and Geo-mechanics. In the near-well zone as a result of the concentration of these forces the stresses increase to almost 20,000 – 30,000 psi (150-250 Mpa). The tectonic stresses operating at this level are several times higher than just the stress induced by the over-burden rock and the stresses near the well-bore zone are even higher as a result of tangential drilling stresses being added to these natural stresses.
Under the influence of high pressure the rock permeability decreases, in some cases it is close to zero. Traditional methods of opening the productive layers do not consider this complicated situation in the near well-zone and therefore they are less effective in oil/gas recovery than the REDUX system.
Porous and fractured formations are subjected to compression, that deforms the rock mass and reduces its permeability. The greater the depth, the stronger the effect can be.
PowerSlotting utilizes a recycled high pressure (3000-5000 psi/345 bar) abrasive mixture is used to cut linear, discontinuous (to maintain casing strength) slots in the well-bore casing, cement and formation. The flow area is increased by more than 50 times and the surface area of the bore effectively increases more than 144 times.
Abrasive perforation slots penetrate more than 16 feet into the formation, more than sufficient to bypass the near well-bore damage and to significantly increase the well flow potential. Stress redistribution around the perforation zone and this unlocks clay and formation particles.
If our geological team determines it is desirable this method allows for 100 % coverage of the production layers, as the abrasive slotting process can be designed and performed to complete communication between the well and the production layer. Unlike some other conventional stimulation methods, slotting achieves a long-lasting effect because of its extensive surface areas.
Formations sustain two types of mechanical stress: vertical stress and horizontal stress. The act of drilling a bore-hole re-distributes mechanical stress. This is often made worse by drilling and completion damage particularly in older wells. Pay zone permeability can decrease by 5 to 10 times due to the effect of these stresses alone. (Permeability can be reduced to 10% of the natural state). Drilling and conventional completion technologies cause a high pressure low permeability area to form well-bore.