Oil BPD is up 70% since January
We lead by clean innovation.
Energex Power is an energy sector asset management company that specializes in acquiring established oil and gas fields that exhibit the clear potential to significantly increase production and profitability by implementing traditional methods such as re-working, fracking, and horizontal drilling, coupled with innovative technologies.
Under the new Administration, a stringent approach to additional regulations in the Oil and Gas sector has created unique market conditions allowing for high cost commodity pricing while maintaining below market asset acquisition pricing. While most Oil Companies will suffer under the proposed changes, Energex Power will prosper.
Innovative Clean Technology
Energex Power is committed to using cutting-edge, environmentally responsible technologies in its oil and gas extraction and has been on the forefront of identifying multiple companies with industry leading, clean enhanced oil recovery competence. Due to tightening regulations and the position of the current Administration, being environmentally responsible is critical and necessary.
Plasma Pulse Technology (PPT) is a much smaller, less invasive method of oil extraction than methods such as refracking. Using a 275-pound tool that can be moved by two workers by hand, the site employs a standard wire-line truck to put the tool to work. Furthermore, in spite of the seemingly large task of creating underground pulses that can have an impact on oil in rock, Stankievech says that the energy requirements of plasma pulse technology are quite small—largely thanks to the fact that the pulses themselves last only a nanosecond.
“It doesn’t require a massive source power because it’s stored in high energy capacitors in the tool. We can run it off of a 110V power [outlet],” he says. “We use a 3500W generator which is about the same as the ones you see in RVs … it’s a very small footprint. No big rigs, no sand trucks, no pumping trucks. You can visualize how there’s a very limited amount of people and equipment on the job sites.”
Consequently, Stankievech points out that the cost differential between his technology and hydraulic fracking jobs is substantial. On a vertical well, he estimates that plasma pulse technology is 75 percent cheaper than an equivalent hydraulic fracturing job. On a horizontal well, depending on the lateral leg length of the project, he says plasma pulse technology can be 90 percent cheaper than a traditional job. When it comes to capturing industry support for an environmentally-safe method of oil extraction, these cost differentials are a value point.
“Because we are cost-effective, we can keep the cost down while being responsible for the environment and efficient in our recovery of oil and gas."
West Coast HQ:
26060 Acero, Second Floor
Mission Viejo, CA 92691
East Coast HQ:
353 East Lincoln Highway
Coatesville, PA 19320
For any inquiries, questions or commendations, please call: +1.949.402.9147 or fill out the following form:
To apply for a job with Energex Power, please send a cover letter together with your resume to: firstname.lastname@example.org