New Technology for Improved Oil Recovery
A Revolutionary Method to Create EOR Gas Economically on Site
COMPANY OVERVIEW
Lion Fuel Resources delivers an innovative, production-enhancing process for the oil industry. The company holds patents and licenses for methods that substantially increase oil recovery using proprietary gas mixtures in place of pure CO2. Lion Fuel Resources applies its technology across its own operations and offers it under license to other producers delivering stronger cash flow while significantly reducing the environmental footprint typically associated with modern shale development. Backed by a team of high-level industry professionals with deep technical and operational expertise, Lion Fuel Resources is well positioned to drive transformative change in modern oil production.
PROBLEMS WITH CURRENT PROCESS
ENVIRONMENTAL
ENVIRONMENTAL ISSUES
Prevalent issues include CO2 emissions, heavy fresh water usage, trucking needs, wastewater disposal, induced quakes, and extensive sand requirements.
STRATEGIC
SUPPLY/DEMAND
As shale production peaks but demand continues, the U.S. faces heightened strategic and commodity risks that threaten energy independence, particularly the adverse balance of light oil to conventional crude.
SHALE
SHALE DIFFICULTIES
Common Shale issues include high costs, rapid production declines, methane emissions, and lack of support from some governments and financial institutions.
ECONOMIC BENEFITS
By revitalizing mature oil fields and establishing significantly improved oil production through this advanced technology, Lion Fuel Resources will deliver increased revenues, with lower risks, for itself and other energy companies.
LOCALIZED
OPERATIONS
Lion Fuel Resources designs modular gas generation equipment customized for each field's specific infrastructure, as well as drilling additional wells required for optimal oil production. Use of our process obviates the need for ultra-expensive and time consuming CO2 pipeline construction.
INCREASED
ASSET UTILIZATION
By revitalizing aging oil fields, Lion Fuel Resources will help oil companies realize greater revenue from legacy assets. The company's patented technologies can significantly boost value for underperforming, marginal fields.
HYDROGEN OPTION
In the event of future demand for hydrogen, Lion Fuel Resources can generate such hydrogen fuel at oil field sites on demand, with minor modifications to the equipment already employed.
ENVIRONMENTAL BENEFITS
WATER CONSERVATION / WATER RECYCLING
By using minimal freshwater, Lion Fuel Resources conserves precious water resources and reduces strain on supply. This enables more sustainable oil operations. Our technology recycles produced water back underground, eliminating high volume disposal needs.
NO SIGNIFICANT FRACKING REQUIRED
Avoiding large-scale hydraulic fracturing prevents some key risks like induced seismicity, land disturbance, and water contamination. Lion Fuel Resources produces oil with minimal environmental impact.
IMPROVED RECOVERY /
ASSET REVITALIZATION
Lion Fuel Resources technologies enable enhanced oil recovery from aging reservoirs, increasing output from declining oil fields. Up to 50 percent of remaining oil can be recovered. By focusing on revitalizing aging fields, we mitigate premature abandonment.