Scandoil.com

Skip Navigation

Platina Energy acquires Enhanced Oil Recovery Inc.


Published Apr 4, 2008
E-mail Print

Texas U

E&P outfit Platina Energy Group has acquired UTEK Corp., an “innovation” services company owned by the University of Texas at Austin, by buying all its stock, it was understood Friday.

Platina heralded the “transfer of technology” as including an exclusive worldwide license acquired from the University for a technology that uses a combination of electrical submersible pump and jet pump to separate liquid and gas streams.

The system could enable a submersible pump and a jet pump to be used in combination in a "high gas-to-liquid ratio oil well" without installing a gas vent line.

“The company plans to install the licensed product in some of its production wells and sell the product to third parties,” a Platina statement aid.

Tags: Platina Energy Group, UTEK Corp.




   

Add a Comment to this Article

Please be civil. Job and promotion will not be added into the comment page.

(Use Markdown for formatting.)

This question helps prevent spam:

+ Larger Font | + Smaller Font
Top Stories
Leiv Eiriksson-3
Ocean Rig UDW reports three year drilling contract for the Leiv Eiriksson Feb 7, 2012 Ocean Rig UDW Inc. has signed a new drilling contract for its semi-submersible drilling rig "Leiv Eiriksson" with a consortium
Newfield acquires Stone Energy's Rocky Mountain assets
Newfield Exploration provides update on non-strategic asset sales Feb 7, 2012 In 2011, Newfield grew its oil and liquids production more than 20%. Natural gas volumes declined approximately 5% in 2011 due to
Petrolia Inc.
Petrolia Inc. increased production from the Haldimand No. 1 well Feb 7, 2012 Pétrolia confirm that it has successfully completed the injectivity test at Haldimand No.1 well. Designed to measure the rock's mechanical properties
Enerjex Resources provides operations update
EnerJex spuds first well in New Mississippian drilling program Feb 7, 2012 EnerJex Resources has begun drilling the first well on its recently acquired acreage in its Mississippian Project located in Southeast Kansas.
NorDrill AS
NorDrill SpeedRig Drilling System
Feb 6, 2012
The NorDrill SpeedRig is lighter than a conventional rig, It is uniquely designed and it can be used on land, and on fixed offshore platforms, Semi-Submersibles, Jack-ups and Drillships.See the Video.
Off Shore Flying
Off-shore flying during winter over boiling Black Sea
Feb 6, 2012
 Off-shore flying during winter over boiling Black Sea
Pacific Maritime (APM) 2012
World maritime leaders lead global industry dialogue at the Asia Pacific Maritime 2012
Feb 3, 2012
Several bright spots in the maritime industry are showing prospects and opportunities even as the global shipping industry faces a slow sail this year.

 

 

 

 

 


RSS
RSS
Newsletter
Newsletter
Mobile News
Mobile news
Computer
Our news on
your website

Facebook
Facebook
Twitter
Twitter
Contact
Contact
Tips
Do you have any
tips to us

 

About us | Contact | Privacy |  Terms | 
Editor: Michael Rogers
Copyright 1973-2011. Scandinavian Oil-Gas Online. ISSN 1500-709X. 
Tel: +47 22 44 72 70, Fax: +47 22 44 72 87

sitemap xml


 
Home