Energy - San Diego, CA, US
Steam Generation for Heavy Oil development and production. There are huge well-known resources of heavy oil, extra-heavy oil, and oil sands in Canada, Venezuela, Russia, the USA and many other countries. The resources in Canada and the USA are readily accessible to oil companies, and the political and economic environments are stable. The heavy oil resources in North America only provide a small percentage of current oil production (approximately 2%). eSteam's downhole steam technologies will allow for significantly increased heavy oil and oil sands production. Heavy oil can be profitably produced with today's higher market price.
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