Ficci presentation 08 nov2013
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Ficci presentation 08 nov2013

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A presentation of Multiple Zone Well Completion Technology

A presentation of Multiple Zone Well Completion Technology

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  • 1. DASS WELL A Multiple Zone Well Completion Technology for Enhanced Oil Recovery Chanchal Dass, FIE Dass Oilfield Technologies Private Limited Ahmedabad
  • 2. Generic Problem The Pain DASS OILFIELD TECHNOLOGIES PVT. LTD. 2
  • 3. Specific Problem of Oil Industry 1. Poor Recovery, only 35% of discovered oil can be recovered at present technology and economics DASS OILFIELD TECHNOLOGIES PVT. LTD. TA RG E T 2.Low Productivity, Average Field Life - > 50 Years 3
  • 4. Technologies Conventional Technology DASS OILFIELD TECHNOLOGIES PVT. LTD. DASS Well Technology 4
  • 5. Opportunities  All the oil fields worldwide are multilayered DASS OILFIELD TECHNOLOGIES PVT. LTD. 5
  • 6. Conventional Practices      Drill separate wells Commingle Multiple tubing Multilaterals Smart wells DASS OILFIELD TECHNOLOGIES PVT. LTD. 6
  • 7. The Solution DASS OILFIELD TECHNOLOGIES PVT. LTD. 7
  • 8. The Innovation  Core invention: Production Chamber  Derived Invention: New oil and gas production Process DASS OILFIELD TECHNOLOGIES PVT. LTD. 8
  • 9. Development Status       Lab scale model, Testing, Concept validation – Complete Field Scale Design – Complete Field Scale Manufacturing- Complete Surface Testing – Complete Pilot Testing – Negotiation is going on with ONGC, GSPC Field Scale Testing – Yet to start DASS OILFIELD TECHNOLOGIES PVT. LTD. 9
  • 10. Project Schedule Total 365 Days DASS OILFIELD TECHNOLOGIES PVT. LTD. 10
  • 11. Financial Forecast DASS OILFIELD TECHNOLOGIES PVT. LTD. 11
  • 12. Markets & Market Interest  Down hole Oil and Gas equipment segment: Multiple zone completions, Vertical wells  The product has global market, all oil and gas fields are multilayered.  Offshore fields  As per Alan Ramirez, Engineering Manager, Jones Energy, USA, 1/3 of wells may require this solution (Quick look).  All NOCs, IOCs, Private Operators.  Revenue from additional oil – US $100 trillion (Quick look) DASS OILFIELD TECHNOLOGIES PVT. LTD. 12
  • 13. Competition     All down hole equipment suppliers Smart well manufacturers, Intelligent well suppliers MNCs like Halliburton, Baker Huges, Schlumberger, Weatherford, Well Dynamics, TAM International, etc. DASS OILFIELD TECHNOLOGIES PVT. LTD. 13
  • 14. IP Status  Patent Application Number: Applied No. 1124/MUM/2010, 3rd April 2010  Publishes in Patent Journal  PCT status: Applied  International Searc report received without any objection.  Patent Attorney: M/s H K Acharya/ GITCO  Patent Status: DASS OILFIELD TECHNOLOGIES PVT. LTD. Pending 14
  • 15. Team Status 1. 2. 3. 4. 5. Chanchal Dass, Inventor, Managing Director, DOT Dr P L Salinkar, Director, M/s Salinkar Dynamics, Engineering Designer M/s H K Industries, Vadodara, Manufacturer of Mechanical parts M/s Devkisin Holdings, Mumbai, Manufacturer of rubber seals M/s Nayan Parikh & Consultancy, Management Consultant. 6. 7. 8. 9. 10. M/s GITCO, Intellectual Property Consultant M/s H K Acharya & Co, Patent Attorney M/s CMERI, Durgapur for Engineering Design Support M/s ONGC, GSPC, Joshi Technologies International, Customer M/s NDBI, Ahmedabad, Incubator DASS OILFIELD TECHNOLOGIES PVT. LTD. 15
  • 16. Thank You CHANCHAL DASS INVENTOR, DASS WELL Former Manager, Reservoir, ONGC Managing Director, DASS OILFIELD TECHNOLOGIES PVT. LTD. F-201, Parth Avenue, Near Avani Bhavan, ONGC Ahmedabad, GUJARAT – 382424 Email: cdass01@gmail.com Contact Number: +91-9427030155 DASS OILFIELD TECHNOLOGIES PVT. LTD. 16