Nanotechnology Now

Our NanoNews Digest Sponsors



Heifer International

Wikipedia Affiliate Button


android tablet pc

Home > News > New technology aimed at increasing oil production

August 1st, 2009

New technology aimed at increasing oil production

Abstract:
Imagine having a nice ripe orange, ready for squeezing, but being able to get out only a small amount of juice. There's got to be more, you just can't get at it.

That's the frustration of the global oil business.

The industry is spending billions on technology to increase the amount of oil it can extract from the ground. Oil companies typically recover only about one in three barrels of oil from their fields, but they can't afford to leave so much crude untapped at a time when it's difficult to access new reserves. Recovering more oil has enormous implications, not only for the companies' balance sheets but also for the world's diminishing supply.

One of the latest attempts to learn where the oil is hiding would involve injecting hundreds of millions of tiny carbon clusters deep into natural underground reservoirs, where changes to their chemical makeup would signal whether they've come across oil, water or other substances.

The clusters, referred to as "nanoreporters" and roughly 30,000 times smaller than the width of a human hair, also can tell the temperature, pressure and other factors that can help a company zero in on more oil.

Source:
energycurrent.com

Bookmark:
Delicious Digg Newsvine Google Yahoo Reddit Magnoliacom Furl Facebook

Related News Press

News and information

Cool Calculations for Cold Atoms: New theory of universal three-body encounters September 2nd, 2014

Accounting for Biological Aggregation in Heating and Imaging of Magnetic Nanoparticles September 2nd, 2014

Engineers develop new sensor to detect tiny individual nanoparticles September 2nd, 2014

Future solar panels September 2nd, 2014

Discoveries

New synthesis method may shape future of nanostructures, clean energy: Findings advance efficient solar spliting of water into hydrogen fuel September 2nd, 2014

Accounting for Biological Aggregation in Heating and Imaging of Magnetic Nanoparticles September 2nd, 2014

Engineers develop new sensor to detect tiny individual nanoparticles September 2nd, 2014

Future solar panels September 2nd, 2014

Announcements

New synthesis method may shape future of nanostructures, clean energy: Findings advance efficient solar spliting of water into hydrogen fuel September 2nd, 2014

Accounting for Biological Aggregation in Heating and Imaging of Magnetic Nanoparticles September 2nd, 2014

Engineers develop new sensor to detect tiny individual nanoparticles September 2nd, 2014

Future solar panels September 2nd, 2014

Energy

New synthesis method may shape future of nanostructures, clean energy: Findings advance efficient solar spliting of water into hydrogen fuel September 2nd, 2014

Future solar panels September 2nd, 2014

Novel 'butterfly' molecule could build new sensors, photoenergy conversion devices August 28th, 2014

Aspen Aerogels, Inc. to Present at Barclays CEO Energy-Power Conference August 27th, 2014

NanoNews-Digest
The latest news from around the world, FREE



  Premium Products
NanoNews-Custom
Only the news you want to read!
 Learn More
NanoTech-Transfer
University Technology Transfer & Patents
 Learn More
NanoStrategies
Full-service, expert consulting
 Learn More














ASP
Nanotechnology Now Featured Books




NNN

The Hunger Project







© Copyright 1999-2014 7th Wave, Inc. All Rights Reserved PRIVACY POLICY :: CONTACT US :: STATS :: SITE MAP :: ADVERTISE