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DASS DASS WELL WELL A Multiple Zone Well Completion A Multiple Zone Well Completion Technology for Enhanced Oil Technology for Enhanced Oil Recovery Recovery Chanchal Dass, FIE Chanchal Dass, FIE Dass Oilfield Technologies Dass Oilfield Technologies Private Limited Private Limited Ahmedabad Ahmedabad

Ficci presentation 08 nov2013

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A presentation of Multiple Zone Well Completion Technology

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Page 1: Ficci presentation 08 nov2013

DASSDASS WELLWELL

A Multiple Zone Well Completion A Multiple Zone Well Completion Technology for Enhanced Oil Technology for Enhanced Oil

RecoveryRecovery

Chanchal Dass, FIEChanchal Dass, FIE

Dass Oilfield Technologies Private Dass Oilfield Technologies Private LimitedLimited

AhmedabadAhmedabad

Page 2: Ficci presentation 08 nov2013

DASS OILFIELD TECHNOLOGIES PVT. LTD. 2

The PainG

en

eri

c Pro

ble

m

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1.Poor Recovery, only 35% of discovered oil can be recovered at present technology and economics

2.Low Productivity, Average Field Life - > 50 Years

Specific Problemof Oil Industry

TARGET

DASS OILFIELD TECHNOLOGIES PVT. LTD. 3

Page 4: Ficci presentation 08 nov2013

DASS OILFIELD TECHNOLOGIES PVT. LTD. 4

Technologies

Conventional Technology DASS Well Technology

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All the oil fields worldwide are multilayered

Opportunities

DASS OILFIELD TECHNOLOGIES PVT. LTD. 5

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Drill separate wells Commingle Multiple tubing Multilaterals Smart wells

Conventional Practices

DASS OILFIELD TECHNOLOGIES PVT. LTD. 6

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The Solution

DASS OILFIELD TECHNOLOGIES PVT. LTD. 7

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Core invention:Production Chamber

Derived Invention:New oil and gas production Process

The Innovation

DASS OILFIELD TECHNOLOGIES PVT. LTD. 8

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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

Development Status

DASS OILFIELD TECHNOLOGIES PVT. LTD. 9

Page 10: Ficci presentation 08 nov2013

Project Schedule

DASS OILFIELD TECHNOLOGIES PVT. LTD. 10

Total 365 Days

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Financial Forecast

DASS OILFIELD TECHNOLOGIES PVT. LTD. 11

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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)

Markets & Market Interest

DASS OILFIELD TECHNOLOGIES PVT. LTD. 12

Page 13: Ficci presentation 08 nov2013

All down hole equipment suppliers Smart well manufacturers, Intelligent well suppliers MNCs like Halliburton, Baker Huges,

Schlumberger, Weatherford, Well Dynamics, TAM International, etc.

Competition

DASS OILFIELD TECHNOLOGIES PVT. LTD. 13

Page 14: Ficci presentation 08 nov2013

Patent Application Number: AppliedNo. 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: Pending

IP Status

DASS OILFIELD TECHNOLOGIES PVT. LTD. 14

Page 15: Ficci presentation 08 nov2013

1. Chanchal Dass, Inventor, Managing Director, DOT

2. Dr P L Salinkar, Director, M/s Salinkar Dynamics, Engineering Designer

3. M/s H K Industries, Vadodara, Manufacturer of Mechanical parts

4. M/s Devkisin Holdings, Mumbai, Manufacturer of rubber seals

5. M/s Nayan Parikh & Consultancy, Management Consultant.

6. M/s GITCO, Intellectual Property Consultant7. M/s H K Acharya & Co, Patent Attorney8. M/s CMERI, Durgapur for Engineering Design Support9. M/s ONGC, GSPC, Joshi Technologies International, Customer10. M/s NDBI, Ahmedabad, Incubator

Team Status

DASS OILFIELD TECHNOLOGIES PVT. LTD. 15

Page 16: Ficci presentation 08 nov2013

CHANCHAL DASSINVENTOR, DASS WELLFormer Manager, Reservoir, ONGC

Managing Director,DASS OILFIELD TECHNOLOGIES PVT. LTD.F-201, Parth Avenue, Near Avani Bhavan, ONGCAhmedabad, GUJARAT – 382424Email: [email protected] Number: +91-9427030155

Thank You

DASS OILFIELD TECHNOLOGIES PVT. LTD. 16