As North American oil and gas production continues its
record growth, designing and installing new pipeline infrastructure to
transport these unprecedented levels of upstream output is proving to be a
challenge. Permitting delays, legislative largesse and magnified public
scrutiny are slowing a much needed build-out of takeaway capacity in regions of
booming production throughout the continent. To help alleviate the industry’s
crude oil transportation challenges, Save the World Air, Inc. (“STWA”) (OTCQX: ZERO)
is commercializing Applied Oil Technology (AOT™), a field-tested technology
proven effective in delivering performance gains in the movement of crude oil
through existing pipeline infrastructures.
AOT is a patent-protected, 100% solid-state system that
reduces the viscosity of oil by applying a high intensity electrical field to
the feedstock, allowing pipelines to operate at a lower pressure and transport
crude oil more efficiently. By causing particulate matter such as paraffins,
asphaltene and other impurities within crude oil to clump together, AOT
decreases drag resistance, speeding the flow of oil and increasing takeaway
capacity.
STWA recently announced its plan to commence testing of AOT
in collaboration with a major midstream operator on a primary crude and
condensate pipeline serving the Eagle Ford Formation in South Texas.
Independent analysis of the deployment will be conducted by ATS RheoSystems to
measure the system’s efficacy in increasing the pipeline’s flow rate, lowering
of pipeline operating pressure and reduction of pump station power consumption.
“Clearly this is an important milestone in the
commercialization of the industry’s first solid state technology that harnesses
electricity to lower viscosity and improve the flow of a broad range of grades
of crude oil,” stated Greggory Bigger, CEO and Chairman of STWA. “The
exponential growth in U.S. condensate production is contributing significantly
to the energy industry’s pipeline capacity challenges, creating the potential
for an immense, long-term market for AOT.”
According to Mr. Bigger, due to recent downward pressure on
oil prices globally, exploration and production companies and pipeline
operators are increasingly focused on improving efficiencies and driving down
operational costs. He points out that industry trade groups agree that the push
to reduce overhead will help companies weather the price squeeze and make the
industry healthier in the long run.
“Studies by multiple industry and government sources have
found that pipelines are, by far, the safest and most economical method to move
crude,” Mr. Bigger commented. “With record levels of crude oil projected to be
flowing through the nation’s pipelines for years to come and tighter margins in
the upstream and midstream sectors driving a renewed focus on reducing
overhead, we’re delighted STWA is well positioned to help the industry do
accomplish both more efficiently with our AOT system.”
For more information, visit www.stwa.com
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