Petrosonic
Posted: Sat 25 May 2013, 11:16:40
Petrosonic Energy will field test its sonic reactor soon in Albania. Initially the heavy oil processing facility will process 1000 bpd. They plan to increase that to 15k bpd within the enxt five years.
Petrosonic has patented the Sonoprocess, which uses soundwaves to break down the viscosity of heavy crude. It can lower the cost of refining havy crude by about $15 per barrel. If this is as good as advertised we are looking at a game changer.
Heavy crude, which until recently wasn't worth the cost of production, is the future as the earth holds some 6 trillion barrels of it. Enough to keep the world supplied long after we are all dead and gone. So we could be looking at the begining of a new era here.
All energy corps will want this tech. Petrosonic will either collect a royalty for the use of its patent or perhaps be bought out for $3 billion or so.
Petrosonic has patented the Sonoprocess, which uses soundwaves to break down the viscosity of heavy crude. It can lower the cost of refining havy crude by about $15 per barrel. If this is as good as advertised we are looking at a game changer.
Heavy crude, which until recently wasn't worth the cost of production, is the future as the earth holds some 6 trillion barrels of it. Enough to keep the world supplied long after we are all dead and gone. So we could be looking at the begining of a new era here.
All energy corps will want this tech. Petrosonic will either collect a royalty for the use of its patent or perhaps be bought out for $3 billion or so.