April 5, 2013.
eCORP Stimulation Technologies, LLC (“ecorpStim”), a subsidiary of eCORP International, LLC (“eCORP”), today announced plans to deliver a propane-based technology which renders the propane stimulation fluid non-flammable. Patent application has been filed and further testing and experimentation of this technology has been initiated confirming its environmental safety and commercial viability.
ecorpStim has successfully demonstrated the use of pure liquid propane for the stimulation, or fracturing, of hydrocarbon bearing reservoir rock. The ecorpStim equipment design affords multiple layers of isolation and protection from the flammability risk associated with the use of propane and the production of natural gas, a stimulation process which is fully automated, remote controlled, and in which there is no human exposure to such risks. This latest innovation by ecorpStim will further ensure the intrinsically safe operation of the liquid propane stimulation process.
This advanced version of the technology that will be used by ecorpStim represent some of the latest developments being used in residential and commercial fire protection systems. Moreover, these fire suppressants are not harmful to humans and are environmentally safe with zero ozone depletion potential.
The use of liquid propane as an alternative to water for stimulating hydrocarbon production represents a natural and environmentally safe means of oil and gas extraction. By rendering the liquid propane non-flammable, ecorpStim has significantly reduced the safety risk of using propane for these purposes in applicable circumstances.
eCORP’s Chief Technology Officer, Mr. Robert Lestz, commented, “This represents a major enhancement to non-aqueous alternatives to stimulating a shale reservoir. By utilizing propane, a fluid that originates in oil and gas reservoirs, we are minimizing damage in the reservoir while eliminating the need for any water usage and handling of water waste streams. And by making the liquid propane non-flammable, we further allay concerns some may have about the safety of the process.”
Dr. John Thrash, eCORP’s CEO and Chairman, stated, “We are extremely pleased with this very positive enhancement in ecorpStim’s capabilities and safety features. We are dedicated to ensuring safety in all aspects of our operations, and continue to strive to provide superior options in terms of safety and environmental care and concern in our products and services.
The option of non-flammable liquid propane stimulation marks a landmark development in the path for sustainable “green” shale gas development. We intend to extend this design philosophy and demonstrate that a dramatically reduced impact can be achieved through combination with other innovations in drilling and exploration technologies that we are developing at eCORP.”
About eCORP International, LLC – Founded in 1978, eCORP and its predecessor companies have extensive oil and gas experience including underground natural gas storage, natural gas transportation, enhanced oil recovery in conventional reservoirs using propane and butane, exploration for and production of conventional and unconventional (shale) reservoirs, electric power generation and marketing of electricity and gas. The company was an early mover in the Marcellus play in Pennsylvania and New York, USA and recognized its potential while developing its highly acclaimed Stagecoach Storage project in New York. The company has acquired multi-million prospective acreage positions internationally. The company’s highly experienced management team expects to apply its broad background in hydrocarbon based development in deploying its field services fleet and related technologies in Europe, and globally, to develop its own portfolio, as well as selling its services to third parties as a standalone business unit. Stimulating with pure liquid propane with low-density proppants provides an excellent vehicle for the company to introduce an environmentally sensitive technology to allay concerns about excessive usage of fresh water and potential aquifer contamination as the process uses no water and propane is a gas at ambient pressure and temperature. www.ecorpintl.com
About eCORP Stimulation Technologies, LLC – The company ecorpStim (eCORP Stimulation Technologies, LLC) was created in 2012 to provide European countries, as well as those with limited water resources, with alternatives to hydraulic fracturing, based on pure home grade propane and without the use of chemicals. www.ecorpStim.com
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