HomeMediaLatest NewsEfficient oil production: hyperboloid instead of drill

Efficient oil production: hyperboloid instead of drill

10 December 2013

Gromov Alexey I. Principal Director on Energy Studies, Head of the Energy Department

Alexei Gromov, Director on Energy Studies of the Institute for Energy and Finance gave comments to the Voice of Russia radio station about the prospects for using new innovative technologies in the field of increasing efficiency of oil extraction from developed and already closed fields.

Russian scientists have invented a fundamentally new method of oil and gas production. It allows to extract up to 90 percent of minerals. The method suggests using a laser instead of a drill, the beam of which can penetrate into hard-to-reach places. This will allow the revival of already closed fields, where oil cannot be produced using the old methods.

Gromov Alexey I. Principal Director on Energy Studies, Head of the Energy Department
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