ASSIST Energy Solutions Corp.
ASSIST Energy Solutions Corp. “(ASSIST)”, and owners have engineered and manufactured a portable process facility for use in EOR and will conduct a Field Trial on a heavy oil well as the next step towards commercialization. ASSIST’S product consists of a direct contact steam generator and methods for operating non-thermal oil wells in high temperature service.
The EOR Process includes production and injection of steam and gases into an oil reservoir during an injection cycle followed by a production cycle. The process has been named the Submerged Combustion Vaporizer or “SCV”. ASSIST’s plan is to offer contract reservoir stimulation services to the oil industry on a fee-for- service basis. Studies suggest that the SCV EOR Process is expected to recover increased oil from existing wells for approx. $15 - $20/barrel.