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Pioneer Energy | Executive Summary
Pioneer Energy has patented a Portable Enhanced Recovery Technology that converts cheap natural gas to carbon dioxide and hydrogen at the site of oil wells.
Each of our first-generation, trailer-mounted mobile PERT1 systems, will produce 500,000 cubic feet of CO₂, as well as 30MW-hrs of electricity per day. At the same time, this system sequesters about 28 metric tons of CO₂.
Our unique technology enables the Enhanced Oil Recovery, EOR, from tapped-out oil fields, substantially increasing yields, while producing new reserves from wells that are considered depleted, thus reestablishing their value with minimal upfront capital costs.
Contact:
Kellie Dunlap | 303-339-7932 | EMAIL
Each of our first-generation, trailer-mounted mobile PERT1 systems, will produce 500,000 cubic feet of CO₂, as well as 30MW-hrs of electricity per day. At the same time, this system sequesters about 28 metric tons of CO₂.
Our unique technology enables the Enhanced Oil Recovery, EOR, from tapped-out oil fields, substantially increasing yields, while producing new reserves from wells that are considered depleted, thus reestablishing their value with minimal upfront capital costs.
Kellie Dunlap | 303-339-7932 | EMAIL