IPS Energy Resources is engaged in seeking new drill investment opportunities in the United States. We are currently drilling a vertical well targeting multiple zones in Nueces County, Texas.
We are involved in conducting re-stimulation operations of existing wellbores. This includes re-entries, re-completions, and chemical stimulations. IPS ER team of engineers will work with you to determine and execute the optimal stimulation solution for recovering the most additional hydrocarbons from your wells.
Our team of engineers are experienced in conducting economic evaluations of oil and gas assets. Prior to making investments or divestments in oil and gas properties, we assist our Clients in identifying hydrocarbon potential and evaluating oil and gas assets. IPS ER can assist in identifying and quantifying risk, and strengthening confidence in the ranges and probabilities associated with the success and economic results of your petroleum projects.
IPS Energy Resources is involved in a Chemical Enhanced Oil Recovery project in Coleman County, Texas. The field has been on water flood for 33 years, and IPS is partnering in the conversion of the field to EOR flood through the utilization of microfluids EOR screening technology.
Microfluids pertains to the behavior, precise control and manipulation of small volumes of fluids which can flow through a porous medium customized to represent the reservoir rocks. Macro-scale processes which govern oil production are restricted by micro-scale interactions, such as wettability, adhesion, interfacial surface tension, viscous and gravitational forces, amongst others.
Advancements in fabrication processing have allowed for the manufacture of micromodels ("chips") which replicate a reservoirs' pore-scale features; including grain morphology (contact angles), pore size & pore throat distribution, porosity, permeability, and complex flow geometries. By better understanding these relationships, microfluids technology allows for chemical flooding agents to be systematically engineered based on the reservoir’s fluid and rock properties and their interactions. This results in a more optimal vertical and aerial sweep efficiency by allowing for larger areas of reservoir contact, mobilizing greater volumes of remaining hydrocarbon, and ultimately increasing the fields recovery.