Petro Motion Inc. seeks partner for industrial EZ Flow test
CALGARY, June 5, 2014 /CNW/ – James Robson, President and CE0 Petro Motion Inc., announced today that a field trial of the company’s patented EZ Flow additive has validated laboratory findings demonstrating significant savings opportunities in heavy oil shipments.
“The results strengthen the belief that our environmentally sustainable solution for getting more oil to market more efficiently is on the mark,” he says. “The independently verified test results showed the addition of EZ Flow cut the required quantity of expensive diluents by 50 per cent.”
The May 7 test was carried out using heavy oil supplied by Baytex Inc. and hydrocarbon condensate provided by Pengrowth Energy. The analysis looked at the viscosity of 100 barrels of heavy oil, before and after the addition on EZ Flow. A detailed report can be found on the Petro Motion Inc. website.
To ensure efficient transportation through pipelines, producers need to add 26 – 28 per cent dilutent to the heavy oil to achieve the required viscosity. Some heavy oils require up to 36 per cent dilutent to flow appropriately.
Christy Dewalt, Petro Motion’s Vice-President of Research, says during the field trial, target flow rates were achieved using a mixture of eight percent EZ Flow and nine per cent diluent condensate.
“We saw that EZ Flow was “super” viscosity reducer in the laboratory. Now we’ve seen it verified in a field trail. What we need now is an entrepreneur in the industry willing to put it to the test in an industrial setting.”
With less diluents and more oil per shipped barrel, Robson projects immediate savings of $4 -$5 per barrel without any investment in capital costs. He estimates the industrial trial will cost about $250,000.
About Petro Motion Inc.
Petro Motion Inc. is an Alberta-based company engaged in the development of new materials and processes to improve the efficiency of producers working in heavy oil sector. Dedicated to sustainability and the development of innovative and eco-friendly products, it leverages future-oriented strategies and the best leading-edge technologies.
SOURCE Petro Motion Inc.
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President and CE0 Petro Motion