R&D Projects
2014 to 2018
Project: A Comprehensive Integrated Approach to Evaluation of Hydraulic Fracturing
- This research aims to highlight the importance of a holistic approach that integrates data and analyses from various disciplines to evaluate hydraulic fracturing in heterogeneous reservoirs effectively.
- It proposes a comprehensive analysis workflow that incorporates a novel method for quantifying the impact of reservoir heterogeneity through the introduction of the Heterogeneity Impact Factor (HIF).
- Additionally, the research extends the application of HIF by developing a predictive technique known as DCH, which is designed to evaluate well performance and forecast production from hydraulically fractured wells in a time- and cost-efficient manner.
- To provide a thorough understanding of the fracking process and its outcomes, the proposed HIF and DCH analyses are complemented by an innovative economic evaluation component called the Analysis of the Risk of Commercial Failure (RCF).
2019 to Present
Advance Wearable Solutions
Objective: Develop non-intrusive wearable technology to enhance safety and efficiency
Progress:
- Created miniaturised power sources and enhanced data reading capabilities.
- Collaborated with the University of Glasgow for prototyping and testing designs.
Status: Ongoing, with significant theoretical and practical progress. Patentability search in progress.
Partner: University of Glasgow
2019 to Present
Sustainable Geothermal Conversions of Oilfields
Objective: Convert offshore oil and gas platforms into geothermal electrical generators.
Progress:
- Developed models for operations and technology integration.
- Conducted detailed simulations and planning for field trials.
Market Position: Leading in innovation, focusing on sustainable, zero-emission operations, and leveraging cross-industry collaborations.
Status: Ongoing, with advanced simulations and active patentability search.
2022 to Present
Framework for Systematic Evaluation and Reduction of Attainment Gaps in Education
Objective: Develop a framework to address attainment gaps, promoting diversity, inclusion, and equity in oil and gas fields.
Progress:
- Launched a PhD program with Caledonian Glasgow University.
- Conducted initial research and planning for survey studies.
Market Position: Ahead in developing unique frameworks for diversity and inclusion, partnering with academia for rigorous validation.
Status: Ongoing, with significant progress in framework development and field validation.
Partner: Glasgow Caledonian University
PETROXIN Ltd is making advancements across all three projects, addressing key industry challenges and positioning itself as a leader in innovation and sustainability. Continued R&D efforts are essential to achieve the full potential and commercial objectives of these projects.
Registered Office & Trading Address:
Matrix Business Centre, Highview House, 167 Station Road, Edgware, London, HA8 7JU
Tel: +44 20 8958 7499
Email: hp@petroxin.ai
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