OriginClear and Cobalt begin sales in Texas

OriginClear Inc., a leading provider of water treatment solutions, today announced that Cobalt Aqua Control LLC (Cobalt) recently shipped its first commercial sale of 15 bbls of an injectable crude oil sweetening liquid, produced with OriginClear technology, to an oil operator in South Texas.

Cobalt is a developer of oil and gas technology and remediation solutions based in Houston, Texas. OriginClear licensed its Advanced Oxidation (EWS:AOx™) technology to Cobalt, and, through a wholly owned subsidiary, has a significant membership interest in Cobalt. Cobalt’s process produces a liquid that can significantly improve oil recovery, reduce corrosive gas in the crude stream, and increase overall ROI for operators.

Known as H₂S-Neutralizer™ (H₂S-N™), this injectable liquid has demonstrated a dramatic improvement in oil recovery ratios, as evidenced by a stable increase in well head pressure. In addition, H₂S-N has been shown to significantly reduce hydrogen sulfide (H₂S) concentration in the crude stream.

“In the first field trial we did with H₂S-N, we were able to increase wellhead pressure in a gas well from an unstable 20 psi to an average 40 psi for a six month period,” said William Germano Junior, Co-founder and Manager of Cobalt Aqua Control. “Working with OriginClear will help oil and gas operators get more value out of their production, with minimal environmental impact.”

In addition to wellhead pressure testing, other tests were performed with crude oil contaminated with H₂S, or hydrogen sulfide, a highly corrosive gas that helps cause crude oil to become ‘sour’ and lose value in the market. In field tests, hydrogen sulfide was measured from a 200 ppm concentration down to Below Readable Value.

“The market imposes a penalty for sour crude of about 13 billion US dollars annually,” said Jean-Louis ‘JL’ Kindler, President of OriginClear Technologies. “With oil prices still very low, producers are eager for any solution to the problem. Cobalt has an innovative approach of selling liquid, which generates a recurring revenue stream. We are delighted to be partners in this venture.”

Reducing hydrogen sulfide in crude oil will not only improve the value of crude by 8 - 10%, but also worker safety and logistics, because containers and pipelines require frequent maintenance when used with crude oil contaminated with as little as 5ppm of H₂S.

OriginClear first announced in November of 2015 that its proprietary electro-oxidation technology can effectively remove 96% of bacteria and 97% of hydrogen sulfide (H₂S) from produced water, without chemicals. Results were reported after lab and field testing on produced water from the Eagle Ford shale, and further validated in the recent Cobalt tests.

Cobalt Aqua Control is now ramping up to commercial production and is taking orders.

Adapted from press release by Francesca Brindle

Read the article online at: https://www.hydrocarbonengineering.com/product-news/15042016/originclear-and-cobalt-aqua-control-begin-sale-of-crude-sweetening-liquid-in-texas-3048/