199 comments on Extracting Heavy Oil: Using Toe to Heel Air Injection (THAI)
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199 comments on Extracting Heavy Oil: Using Toe to Heel Air Injection (THAI)
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There is already alot of good discussion going on, so I make it brief :
In my view the good news about this technology are
- Apparently high recovery %
- low cost to implement
- doesn't require constant feed of water of natural gas
Some (possibly stupid) questions
Will the recovery rate neccecarily be fast? How will the 10% of burning loss be changed if we are to use low as possible air pressure and recovery speed? Many national oil companies might adopt conservation recovery practices and will not implement THAI IF it's not suitable for slow recovery. We need techniques that give good total extraction percentage but are suitable for slow recovery. Increased production would give completely wrong signal to the markets at this point.
Just my two cents.
Does anyone know what Hasbenaro Resources has done with their project using Thai or a very similar method. I first heard about it over a year ago. Field test were done and supposed to be released this spring or very early summer.I have not heard anything and can see no word on their site other than a referece to THAI,
Does Habenaro have part or all of this? If this is the same project I heard of I am confused as to why I see no results for those test that were to be released this last spring.
I have a few hundred speculative shares in Habenaro that have lost 2/3 of their value since last year, so wonder if this new method is new or just a rehash of something that has so far failed. Maybe it's all part of the game and Habenaro has passed the ball to Petrobank... Companies win and Speculators lose.;)
Hi CrystalRadio, Petrobank has no relationship with Habanero Resources and never has. Habanero has never had any connection to THAI either.
Don
1observer
Hi Don, Thanks, do you know what the process was that Habanaro was testing was called? It too involved 'fire in the hold'. Patents, I think, were held as well by Habenaro on it's method and it might be interesting to see what differences there were in the two procedures.