Hunting signs collaboration agreement with Titan Oil Recovery, Inc.

HOUSTON -- Hunting PLC, international energy services company, announced that it has signed a collaboration agreement with U.S.-based enhanced oil recovery company (EOR), Titan Oil Recovery, Inc.

The agreement allows Hunting to add Organic Oil Recovery (OOR) to a growing list of Hunting ‘TEK-Hub’ products and technologies focused on enhancing production in late field life.

The OOR process involves stimulating the growth of specific species of indigenous microbes within producing reservoirs, which have the effect of reducing the physical size of trapped oil droplets, greatly enhancing production rates at a fraction of the cost of alternate EOR technologies.

To support the roll out of OOR in the UK and internationally, Hunting have engaged Dave Puckett. In his former role as Senior Reservoir Engineer EOR Specialist within the OGA, Dave was a co-author of the 2016 OGA EOR Strategy and EOR Delivery Programme.  Dave is now a member of a combined Hunting-Titan OOR team engaged in well ecology sampling and laboratory testing programs for reservoirs in the UK and Norway.

Within a total of more than 300 production well implementations of OOR, multiple customer authored SPE papers record average oil production increases within the range of 25% to 700%, and costs per incremental barrel of less than $6. No topside modifications are required for offshore implementation of OOR.