About glori energy
Glori Energy is an oil technology company that applies its proprietary AERO™ System to existing oil wells in order to increase oil production, far surpassing traditional recovery methods.
Of all discovered oil in the world, 60-70% remains trapped in reservoirs. It’s Glori’s mission to sustainably and efficiently recover these billions of barrels of trapped oil.
Primary oil recovery, under the reservoir’s natural pressure, only extracts about 10% of original oil in place (OOIP). Once pressure declines, secondary recovery methods are deployed. Waterflooding, or the injection of water into reservoirs to release additional quantities of oil, is a common secondary recovery method. Water is pumped into the injection well to flush oil from the reservoir. Waterflooding only produces a fraction of the remaining oil, leaving behind about 60-70% of the original oil in place, which represents an enormous opportunity for technologies that can recover these large quantities of trapped oil.
Glori’s AERO (Activated Environment for the Recovery of Oil) System enhances production from waterflooded fields by activating a reservoir’s naturally occurring microbes to improve water sweep and oil mobility. The system provides a new, viable option to recover trapped oil with minimal new footprint or investment.
Glori provides its AERO System as a service to oil producers in addition to applying it to strategically acquired waterflooded oil fields. Glori Holdings, a wholly owned subsidiary of Glori Energy, acquires fields and optimizes the existing waterflood performance by applying its AERO technology to boost production and reserves. Click here to learn more about Glori Holdings.