Keeping marginal fields productive without new drilling

Through its subsidiary Perseus SRL, Transformation Technologies operates Enhanced Oil Recovery (EOR) systems in Bolivia. The technology uses sound waves to enhance production in wells that are having production issues.

Marginal fields have already been explored and drilled, so keeping them active means new fields do not have to be drilled. The carbon footprint of bringing a new field online is immense.

EOR also avoids the use of workover rigs in most cases, again saving the environment by keeping a drilling operation from taking place.