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DASS WELL

A Multiple Zone Well Completion
Technology for Enhanced Oil Recovery
Chanchal Dass, FIE
Dass Oilfield Technologies Private Limited
Ahmedabad
Generic Problem

The Pain

DASS OILFIELD TECHNOLOGIES PVT. LTD.

2
Specific Problem
of Oil Industry

1. Poor Recovery, only 35%
of discovered oil can be
recovered at present
technology and economics

DASS OILFIELD TECHNOLOGIES PVT. LTD.

TA
RG
E

T

2.Low Productivity,
Average Field Life - > 50
Years

3
Technologies

Conventional Technology
DASS OILFIELD TECHNOLOGIES PVT. LTD.

DASS Well Technology
4
Opportunities
 All the oil fields worldwide are multilayered

DASS OILFIELD TECHNOLOGIES PVT. LTD.

5
Conventional Practices







Drill separate wells
Commingle
Multiple tubing
Multilaterals
Smart wells

DASS OILFIELD TECHNOLOGIES PVT. LTD.

6
The Solution

DASS OILFIELD TECHNOLOGIES PVT. LTD.

7
The Innovation

 Core invention:
Production Chamber

 Derived Invention:
New oil and gas production Process

DASS OILFIELD TECHNOLOGIES PVT. LTD.

8
Development Status








Lab scale model, Testing, Concept validation – Complete
Field Scale Design – Complete
Field Scale Manufacturing- Complete
Surface Testing – Complete
Pilot Testing – Negotiation is going on with ONGC, GSPC
Field Scale Testing – Yet to start

DASS OILFIELD TECHNOLOGIES PVT. LTD.

9
Project Schedule

Total 365 Days

DASS OILFIELD TECHNOLOGIES PVT. LTD.

10
Financial Forecast

DASS OILFIELD TECHNOLOGIES PVT. LTD.

11
Markets & Market Interest

 Down hole Oil and Gas equipment segment: Multiple zone
completions, Vertical wells
 The product has global market, all oil and gas fields are
multilayered.
 Offshore fields
 As per Alan Ramirez, Engineering Manager, Jones Energy,
USA, 1/3 of wells may require this solution (Quick look).
 All NOCs, IOCs, Private Operators.
 Revenue from additional oil – US $100 trillion (Quick look)
DASS OILFIELD TECHNOLOGIES PVT. LTD.

12
Competition






All down hole equipment suppliers
Smart well manufacturers,
Intelligent well suppliers
MNCs like Halliburton, Baker Huges,
Schlumberger, Weatherford, Well Dynamics, TAM
International, etc.

DASS OILFIELD TECHNOLOGIES PVT. LTD.

13
IP Status

 Patent Application Number: Applied
No. 1124/MUM/2010, 3rd April 2010
 Publishes in Patent Journal
 PCT status: Applied
 International Searc report received without any
objection.
 Patent Attorney: M/s H K Acharya/ GITCO
 Patent Status:
DASS OILFIELD TECHNOLOGIES PVT. LTD.

Pending
14
Team Status
1.
2.
3.
4.
5.

Chanchal Dass, Inventor, Managing Director, DOT
Dr P L Salinkar, Director, M/s Salinkar Dynamics, Engineering Designer
M/s H K Industries, Vadodara, Manufacturer of Mechanical parts
M/s Devkisin Holdings, Mumbai, Manufacturer of rubber seals
M/s Nayan Parikh & Consultancy, Management Consultant.

6.
7.
8.
9.
10.

M/s GITCO, Intellectual Property Consultant
M/s H K Acharya & Co, Patent Attorney
M/s CMERI, Durgapur for Engineering Design Support
M/s ONGC, GSPC, Joshi Technologies International, Customer
M/s NDBI, Ahmedabad, Incubator

DASS OILFIELD TECHNOLOGIES PVT. LTD.

15
Thank You
CHANCHAL DASS
INVENTOR, DASS WELL
Former Manager, Reservoir, ONGC

Managing Director,
DASS OILFIELD TECHNOLOGIES PVT. LTD.
F-201, Parth Avenue, Near Avani Bhavan, ONGC
Ahmedabad, GUJARAT – 382424
Email: cdass01@gmail.com
Contact Number: +91-9427030155
DASS OILFIELD TECHNOLOGIES PVT. LTD.

16

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Ficci presentation 08 nov2013

  • 1. DASS WELL A Multiple Zone Well Completion Technology for Enhanced Oil Recovery Chanchal Dass, FIE Dass Oilfield Technologies Private Limited Ahmedabad
  • 2. Generic Problem The Pain DASS OILFIELD TECHNOLOGIES PVT. LTD. 2
  • 3. Specific Problem of Oil Industry 1. Poor Recovery, only 35% of discovered oil can be recovered at present technology and economics DASS OILFIELD TECHNOLOGIES PVT. LTD. TA RG E T 2.Low Productivity, Average Field Life - > 50 Years 3
  • 4. Technologies Conventional Technology DASS OILFIELD TECHNOLOGIES PVT. LTD. DASS Well Technology 4
  • 5. Opportunities  All the oil fields worldwide are multilayered DASS OILFIELD TECHNOLOGIES PVT. LTD. 5
  • 6. Conventional Practices      Drill separate wells Commingle Multiple tubing Multilaterals Smart wells DASS OILFIELD TECHNOLOGIES PVT. LTD. 6
  • 7. The Solution DASS OILFIELD TECHNOLOGIES PVT. LTD. 7
  • 8. The Innovation  Core invention: Production Chamber  Derived Invention: New oil and gas production Process DASS OILFIELD TECHNOLOGIES PVT. LTD. 8
  • 9. Development Status       Lab scale model, Testing, Concept validation – Complete Field Scale Design – Complete Field Scale Manufacturing- Complete Surface Testing – Complete Pilot Testing – Negotiation is going on with ONGC, GSPC Field Scale Testing – Yet to start DASS OILFIELD TECHNOLOGIES PVT. LTD. 9
  • 10. Project Schedule Total 365 Days DASS OILFIELD TECHNOLOGIES PVT. LTD. 10
  • 11. Financial Forecast DASS OILFIELD TECHNOLOGIES PVT. LTD. 11
  • 12. Markets & Market Interest  Down hole Oil and Gas equipment segment: Multiple zone completions, Vertical wells  The product has global market, all oil and gas fields are multilayered.  Offshore fields  As per Alan Ramirez, Engineering Manager, Jones Energy, USA, 1/3 of wells may require this solution (Quick look).  All NOCs, IOCs, Private Operators.  Revenue from additional oil – US $100 trillion (Quick look) DASS OILFIELD TECHNOLOGIES PVT. LTD. 12
  • 13. Competition     All down hole equipment suppliers Smart well manufacturers, Intelligent well suppliers MNCs like Halliburton, Baker Huges, Schlumberger, Weatherford, Well Dynamics, TAM International, etc. DASS OILFIELD TECHNOLOGIES PVT. LTD. 13
  • 14. IP Status  Patent Application Number: Applied No. 1124/MUM/2010, 3rd April 2010  Publishes in Patent Journal  PCT status: Applied  International Searc report received without any objection.  Patent Attorney: M/s H K Acharya/ GITCO  Patent Status: DASS OILFIELD TECHNOLOGIES PVT. LTD. Pending 14
  • 15. Team Status 1. 2. 3. 4. 5. Chanchal Dass, Inventor, Managing Director, DOT Dr P L Salinkar, Director, M/s Salinkar Dynamics, Engineering Designer M/s H K Industries, Vadodara, Manufacturer of Mechanical parts M/s Devkisin Holdings, Mumbai, Manufacturer of rubber seals M/s Nayan Parikh & Consultancy, Management Consultant. 6. 7. 8. 9. 10. M/s GITCO, Intellectual Property Consultant M/s H K Acharya & Co, Patent Attorney M/s CMERI, Durgapur for Engineering Design Support M/s ONGC, GSPC, Joshi Technologies International, Customer M/s NDBI, Ahmedabad, Incubator DASS OILFIELD TECHNOLOGIES PVT. LTD. 15
  • 16. Thank You CHANCHAL DASS INVENTOR, DASS WELL Former Manager, Reservoir, ONGC Managing Director, DASS OILFIELD TECHNOLOGIES PVT. LTD. F-201, Parth Avenue, Near Avani Bhavan, ONGC Ahmedabad, GUJARAT – 382424 Email: cdass01@gmail.com Contact Number: +91-9427030155 DASS OILFIELD TECHNOLOGIES PVT. LTD. 16