TEO to TET
TEO to TET
It Is Possible
To Balance Returns
And Have a Positive Impact
On The Environment?
YES.
We Have Proof…
It Is Possible
To Balance Returns
and Have a Positive Impact On The Environment?
YES.
We Have Proof…
A Success Story:
Technology Enhanced Oil (TEO)
Our philosophy is to ensure the reduction of carbon footprints and Environmental impact
Technology Enhanced Oil (TEO), TET’s predecessor, has created a new, high ESG standard oil field management:
- Boosting oil production by delivering a tailor-made mix of clean, innovative and disruptive technologies for each particular well
- Extends the life of existing vertical wells for decades, avoiding as far as possible new drilling by reactivating uneconomic wells using eco-friendly, safe and low-cost technologies
- Preventing an imbalance in the ecosystem by recycling salt saturated water into the same geological formation
- Our technologies have benefits beyond production increase: significant cost efficiencies over time; consistent performance; and other sustainable competitive advantages
- Ongoing screening of new technologies
Scalability and repeatability of TEO’s technologies and processes have been demonstrated through the operations in Texas
There has been a constant focus on economic efficiency in both reactivations and technology works from the operations team, leading to a general improvement of economics for such jobs, similar to the remarkable improvement seen in recurring LOE. The refinement in the process for targeting assets for technology works, combined with increased experience and more efficient new technologies, improved the economic and environmental performance of those jobs.
A Success Story:
Technology Enhanced Oil (TEO)
Our Philosophy Is To Ensure the Reduction of Carbon Footprints And Environmental Impact
Technology Enhanced Oil (TEO), TET’s predecessor, has created a new, high ESG standard oil field management:
- Boosting oil production by delivering a tailor-made mix of clean, innovative and disruptive technologies for each particular well
- Extends the life of existing vertical wells for decades, avoiding as far as possible new drilling by reactivating uneconomic wells using eco-friendly, safe and low-cost technologies
- Preventing an imbalance in the ecosystem by recycling salt saturated water into the same geological formation
- Our technologies have benefits beyond production increase: significant cost efficiencies over time; consistent performance; and other sustainable competitive advantages
- Ongoing screening of new technologies
Scalability and repeatability of TEO’s technologies and processes have been demonstrated through the operations in Texas
There has been a constant focus on economic efficiency in both reactivations and technology works from the operations team, leading to a general improvement of economics for such jobs, similar to the remarkable improvement seen in recurring LOE. The refinement in the process for targeting assets for technology works, combined with increased experience and more efficient new technologies, improved the economic and environmental performance of those jobs.
Capitalizing on TEO’s successes in the oil industry, TET will expand the remit and develop environmentally impact-positive businesses renewable white natural hydrogen.
Capitalizing on TEO’s successes in the oil industry, TET will expand the remit and develop environmentally impact-positive businesses in renewable white natural hydrogen.
A Natural Evolution
With hundreds of new technologies available, TET’s inherited competitive advantage is a successful track-record in assessing and implementing the successful ones.
A Natural Evolution
With hundreds of new technologies available, TET’s inherited competitive advantage is a successful track-record in assessing and implementing the successful ones.
TEO has been rated as environment-investable in the same category as solar or PV or wind, by MJ Hudson, a leading environment footprint advisor
TEO’s Impact Credentials
TEO’s Impact Credentials
ENVIRONMENTAL
- Zero flaring and zero venting policy
- Minimal methane emissions
- Gas captured is sold or reused for powering
- Re-opening of existing wells avoids further drilling
- Produces high-quality non-fuel use light crude oil
- No fracking
- Clean tech means no use of toxic chemicals
SOCIAL
- Policy for local communities
- Zero work accidents
- Use of 100% eco-friendly safe chemicals
- Continuous training
- Automatic reporting tools
- Diversity of work force
GOVERNANCE
- Code of business conduct
- Compliance committee
- Vendor selection policy
- Sustainability related policies
- Emergency Response Protocols: energy, water, spills
- Transparency
ENVIRONMENTAL
- Zero flaring and zero venting policies
- Minimal methane emissions
- Gas captured is sold or reused for powering
- Re-opening of existing wells avoids further drilling
- Produces high-quality non-fuel use light crude oil.
- No fracking
- Clean tech means no use of toxic chemicals
SOCIAL
- Policy for local communities
- Zero work accidents
- Use of 100% eco-friendly safe chemicals
- Continuous training
- Automatic reporting tools
- Diversity of work force
- Code of business conduct
- Compliance committee
- Vendor selection policy
- Sustainability related policies
- Emergency Response Protocols: energy, water, spills
- Transparency