Graphene NanoChem announced that it has launched the commercial deployment of its latest product offering, an oilfield recovery additive named PlatsurF through Scomi Oiltools, its joint venture partner. PlatsurF removes blockages caused by drilling residues or from production waste and reverses shortfalls in production caused by formation damage. The company states that smartfluids product "vastly improves" production rates in previously damaged wells with reduced waste generation.
Scomi will supply PlatsurF to the market, and has placed an order on behalf of an international oil company that is serviced by Scomi for an approximate 50 well drilling programme in Thailand using PlatsurF. Graphene NanoChem relays that the order will consist of an initial deployment of 40 drums of recovery additive for two wells in Thailand, as part of Scomi introducing the additive as a "product substitution".
The revenue from the initial purchase order of 40 drums of PlatsurF is estimated to be worth around USD 162,000.