MONEY POST! What is the volume of Catholyte-Free fluids used/needed in Oil Well Recovery? How much will PCTL benefit from Oil Catholyte-Free sales? We gain significant insight from Dr. David Holcomb's multiple reports. We will use the amounts given during the phase 1 testing. Even though other fluids may have been added/used during this process, we'll only count the definite use fluids in bold:
From the 04/30 Report:
In our first round of in-field testing, we selected and tested six (6) producing oil wells (that had prior “damage”) and one (1) injection well. The baseline of 99/1 (water/oil) was established.
Over the next two (2) weeks, we injected PCT Catholyte, ran dye tests and the results improved to a 97/3 ratio of water to oil. Severe weather shut in our testing for approximately eighteen (18) days. Once we were able to resume testing in March, we changed the treatment regimen, ran further dye tests, shut in 3 non-oil producing wells and assessed the findings: 92/8, a 250% increase over baseline data.
Later in March, we added three (3) new wells, increased the intervals of treatment with different specifications of PCT Catholyte, ran new dye-tests and determined another increase in water/oil, up to 90/10; then saw further improvement to 80/20 by the end of March. Our most recent test results indicate a level of 60/40 water to oil ratio, which is a significant turn-around.
These Oil Wells were damaged so significantly that they were useless at 99/1. 99/1 means that 99 barrels of dirty water to every 1 barrel of oil were previously being retrieved at these Wells.
The intervals of Well treatment with Catholyte increased in March from the initial February levels which means that Catholyte was being injected more frequently. What was amount of fluid used initially?
From the 02/04 Report:
If all wells are not in communication with the injection well(s), then the issue will be addressed by considering polyacrylamide polymer as a small volume (250-500 gallon) pumped ahead of the next volume of catholyte to help slow breakthrough or channeling to certain wells and allow a more efficient distribution to the other wells. This may or may not be required to provide more uniform distribution of the catholyte in as many producing wells as possible on the seven-spot pattern. Once the injection profile is understood, then 1000 gallons of the (hot) 600-900 ppm catholyte solution will be manufactured and injected into PCT Catholyte separation experiment. Then the injectors will be returned to injection of normal brine and monitored on day two with bucket tests performed on each well that is producing, looking for improved oil cut in the WOR as well as any pressure changes. Samples will be collected at each producing well. Then on day three, another 750 gallons (hot) catholyte will be injected followed by putting the well back on injection with clean injection brine water. Injection will continue over the next 24 hours (day four) followed by the production and sample testing protocol as before. This will be followed on the fifth day by another 500 gallons of (hot) catholyte and injection over the next 24 hours to monitor production rates and pressures as well as WOR. If oil ratio begins to increase, then the seven spot can be maintained on injection and repeating the catholyte injection sequence described above over the next several days up to 30 days if necessary.
2,250 gallons were used in the first 5-days of testing according to the report. What were the results? Note:
03/02/2021 Tweet
PCTL@PCTL_
Mar 2
Grassy Creek, MO — oilfield testing update. After 2 weeks of weather caused shutdown, PCT/Maverick oil test was resumed on Feb 21st to establish a new base line, injected dye to establish well communication and began fluid testing Feb 27th.The weather delay is over and the initial results are “shockingly GREAT!” $pctl
As a result of this Tweet and the new Technical report we know that there is a significant increase in the field testing for Oil Well Recovery. The Wells went from 1 barrel of Oil in every 100 barrels to 40 barrels of Oil in every 100 barrels.
But how much Catholyte was used? During the first 5-days, 2,250 gallons were used (1,000 at first, 750 2-days later, then another 500 gallons 2-days later). We know the barrel production ratio increased from 99/1 to 97/3 over the first roughly two weeks the testing which means that 6,750 gallons were used (at a minimum) over the first 15 days. This was during February. The report stated that it could go 'up to 30-days'. It obviously did go 30-days since it resumed in March and the Wells increased production from 97/3 to eventually 60/40.
When testing resumed in March, the frequencies were increased but we do not know by how much. If we were to continue with the initial 5-day average over 30-days, that would be 13,500 gallons of Catholyte that PCTL injected in this one 7-Well 'Spot'.
At some point the Oil Well will be completely Recovered. Then, once it is optimized, which could several months at these numbers, routine maintenance will cause a decrease in the monthly amount of fluid but we do not know by how much.
To think, Maverick Energy alone has access to well over 100 multi-Well 'Spots' themselves which means that Maverick alone could request Catholyte-Free orders from PCTL of over a million gallons a month just for the Oil Wells that they are connected with to initiate Oil Recovery.
What the maintenance levels will need to be after initial recovery remains unclear but they will certainly be necessary to maintain the health of the Well.
Also, Catholyte-Free has nothing to do with Hydrolyte sales of which Maverick has purchased 1,000,000 gallons.
From the 04/30 Report:
In our first round of in-field testing, we selected and tested six (6) producing oil wells (that had prior “damage”) and one (1) injection well. The baseline of 99/1 (water/oil) was established.
Over the next two (2) weeks, we injected PCT Catholyte, ran dye tests and the results improved to a 97/3 ratio of water to oil. Severe weather shut in our testing for approximately eighteen (18) days. Once we were able to resume testing in March, we changed the treatment regimen, ran further dye tests, shut in 3 non-oil producing wells and assessed the findings: 92/8, a 250% increase over baseline data.
Later in March, we added three (3) new wells, increased the intervals of treatment with different specifications of PCT Catholyte, ran new dye-tests and determined another increase in water/oil, up to 90/10; then saw further improvement to 80/20 by the end of March. Our most recent test results indicate a level of 60/40 water to oil ratio, which is a significant turn-around.
These Oil Wells were damaged so significantly that they were useless at 99/1. 99/1 means that 99 barrels of dirty water to every 1 barrel of oil were previously being retrieved at these Wells.
The intervals of Well treatment with Catholyte increased in March from the initial February levels which means that Catholyte was being injected more frequently. What was amount of fluid used initially?
From the 02/04 Report:
If all wells are not in communication with the injection well(s), then the issue will be addressed by considering polyacrylamide polymer as a small volume (250-500 gallon) pumped ahead of the next volume of catholyte to help slow breakthrough or channeling to certain wells and allow a more efficient distribution to the other wells. This may or may not be required to provide more uniform distribution of the catholyte in as many producing wells as possible on the seven-spot pattern. Once the injection profile is understood, then 1000 gallons of the (hot) 600-900 ppm catholyte solution will be manufactured and injected into PCT Catholyte separation experiment. Then the injectors will be returned to injection of normal brine and monitored on day two with bucket tests performed on each well that is producing, looking for improved oil cut in the WOR as well as any pressure changes. Samples will be collected at each producing well. Then on day three, another 750 gallons (hot) catholyte will be injected followed by putting the well back on injection with clean injection brine water. Injection will continue over the next 24 hours (day four) followed by the production and sample testing protocol as before. This will be followed on the fifth day by another 500 gallons of (hot) catholyte and injection over the next 24 hours to monitor production rates and pressures as well as WOR. If oil ratio begins to increase, then the seven spot can be maintained on injection and repeating the catholyte injection sequence described above over the next several days up to 30 days if necessary.
2,250 gallons were used in the first 5-days of testing according to the report. What were the results? Note:
03/02/2021 Tweet
PCTL@PCTL_
Mar 2
Grassy Creek, MO — oilfield testing update. After 2 weeks of weather caused shutdown, PCT/Maverick oil test was resumed on Feb 21st to establish a new base line, injected dye to establish well communication and began fluid testing Feb 27th.The weather delay is over and the initial results are “shockingly GREAT!” $pctl
As a result of this Tweet and the new Technical report we know that there is a significant increase in the field testing for Oil Well Recovery. The Wells went from 1 barrel of Oil in every 100 barrels to 40 barrels of Oil in every 100 barrels.
But how much Catholyte was used? During the first 5-days, 2,250 gallons were used (1,000 at first, 750 2-days later, then another 500 gallons 2-days later). We know the barrel production ratio increased from 99/1 to 97/3 over the first roughly two weeks the testing which means that 6,750 gallons were used (at a minimum) over the first 15 days. This was during February. The report stated that it could go 'up to 30-days'. It obviously did go 30-days since it resumed in March and the Wells increased production from 97/3 to eventually 60/40.
When testing resumed in March, the frequencies were increased but we do not know by how much. If we were to continue with the initial 5-day average over 30-days, that would be 13,500 gallons of Catholyte that PCTL injected in this one 7-Well 'Spot'.
At some point the Oil Well will be completely Recovered. Then, once it is optimized, which could several months at these numbers, routine maintenance will cause a decrease in the monthly amount of fluid but we do not know by how much.
To think, Maverick Energy alone has access to well over 100 multi-Well 'Spots' themselves which means that Maverick alone could request Catholyte-Free orders from PCTL of over a million gallons a month just for the Oil Wells that they are connected with to initiate Oil Recovery.
What the maintenance levels will need to be after initial recovery remains unclear but they will certainly be necessary to maintain the health of the Well.
Also, Catholyte-Free has nothing to do with Hydrolyte sales of which Maverick has purchased 1,000,000 gallons.
