From wellheads to end users, and everywhere in between, compressors are used throughout the natural gas value chain. Our breakthrough compression technology can greatly decrease the energy and associated costs required to produce oil and gas wells, while improving overall production from wells that would not otherwise be feasibly run. Hicor is bringing radical innovation to an industry that is primed for disruption and where conventional compression equipment has remained relatively unchanged for over 50 years.
The low capital and operating costs of Hicor compressors allow for marginal wells to be economically produced for longer. These marginal wells are often prematurely abandoned, leaving significant quantities of gas behind. Our compressors are cost-effective and can extend the life of marginal wells. They make previously inaccessible reserves reachable by allowing otherwise uneconomical marginal wells to continue to operate.
In offshore drilling applications, compressor size and weight are critical to efficient production. The high energy density of Hicorís technology can reduce compressor weight by as much as 80 percent, and high compression ratios enable single-stage compression in many applications, which dramatically reduces system complexity by replacing three or four stage compressors. This has the effect of reducing the weight of the entire system by up to 90 percent and footprint by as much as 70 percent.
Subsea compression is an increasingly desirable alternative to offshore platforms, and most subsea applications require multiphase pumps. Traditional multiphase pump technology uses isochoric compression, which is extremely inefficient. Our technology can replace these inefficient systems, resulting in a much lower cost for subsea applications.
Gas compressors are also used in virtually every industrial application. They are commonly used outside the natural gas industry in areas such as industrial compressed air, process gases, CO2 enhanced oil recovery (EOR), compressed air energy storage, and many other applications.