Our paraffin solution improves production above the production decline curve. What that means is that even though all wells have a steady decline in production, we can help reduce the rate of decline. The effect of our product is to ultimately increase recoverable reserves. We have almost a year’s worth of data showing this effect. This has multiple advantages for operators:
1. Qualify for state or federal tax credits or breaks (Please talk to us about this).
2. Increase recoverable reserves and thus the value of your wells
3. Substantial increase in income that more than pays for the cost of the treatment. What other paraffin dispersal treatment is even cost neutral?
Based on the positive production effect from our paraffin dispersal application, we've developed a well treatment system specifically designed to increase rate and reserves. Our treatments are showing a consistent and prolonged increase in production of between 150-500% of production rates pre-treatment. Our treatments are generating incremental incomes of between $5-25K per marginal stripper well in just a few weeks!