St Augustine, FL, April 12, 2016 --(PR.com
)-- Shale and Sands Oil Recovery LLC (“SASOR”) today announced the final approval of several patents that apply to the use of nuclear thermal technology in the production of oil from oil sands and oil shale. The patents have been approved by the United States Patent and Trademark Office as well as the Canadian Intellectual Property Office. SASOR was founded in 2006 specifically to pursue the deployment of nuclear reactor technology in oil sands and oil shale production as a means of addressing climate change. After years of expert study of the engineering and economics of these deployments and performing substantial research on nuclear technologies, SASOR determined that they would be environmentally friendly and economic. The use of nuclear thermal power, particularly from Small Modular Reactors, in oil sands production will substantially reduce the emission of carbon dioxide in bitumen extraction and processing by not burning natural gas.
Oil sands production is among the largest emitters of carbon dioxide in Canada and is also one of the major industries in the nation and its economy. Recent developments in Canada have added a strong impetus for oil sands producers to effectively address the problem of carbon dioxide emissions which are known to cause climate change. SASOR has conducted substantial studies and made presentations to a number of oil sands producers showing that there is a clear advantage in utilizing nuclear thermal technologies in producing its products. Nuclear reactors commissioned to produce thermal energy to replace natural gas burning thermal sources do not produce greenhouse gas emissions.
Recently in Alberta, a resolution called the “Leap Manifesto” was passed by the party in power which calls for a discussion and debate concerning ways to curtail the production of carbon dioxide in oil sands production. The province of Alberta has already called for a $30 per metric ton tax on carbon dioxide emissions. In addition, the federal government under the new Premier, Justin Trudeau, is pushing for a carbon tax and has called for a substantial reduction in and a cap on greenhouse gas emissions nationwide. It has also been reported that some Alberta oil sands producers are already in discussions with nuclear technology providers to evaluate the use of nuclear reactors for oil sands applications.
In the United States, the Bureau of Land Management has given tentative approval for the establishment of a 50,000 barrel per day oil shale production project. The nuclear reactors being considered for deployment in both Alberta and the US may not utilize water as a coolant as they may be instead air cooled and use non-water coolant in the reactor itself. The use of water in the production of oil shale is a very hotly debated topic because of the location of these projects. Fear of draining the Colorado River basin has been seriously debated.
Importantly, in December 2015 the United Nations Climate Change Conference, or COP 21, was held in Paris, France. The conference negotiated the “Paris Agreement” which is a global agreement on the reduction of climate change. Both the United States and Canada participated in the negotiation and agreed to comply with the agreement. This brings added importance to the ownership of these patents.
“There is no longer any doubt that the continued emissions of carbon dioxide, especially in pursuit of the production of more oil, will be subject to increased pressure to reduce greenhouse gas emissions. After a decade of study,” Dr. John N O’Brien, Managing Partner of SASOR stated, “we have clearly determined that the use of the advanced and super-safe nuclear technologies for production of thermal energy makes far more sense than the continued combustion of natural gas, which, because of emissions, will continue to plague our atmosphere and endanger our planet.”
These and several other patents are owned by an estate and are for sale or may be licensed. SASOR can present detailed explanations of the economic value of utilizing nuclear thermal technology in both oil sands and in oil shale production. For more detailed information about the intellectual property collection and to download the patents please go to our website at www.oilsandsoilshalepatents.com
. In addition, call Dr. John N O’Brien and he can provide you details or email him at firstname.lastname@example.org
Headquartered in St. Augustine Florida, SASOR has specialized in the use of nuclear technologies in unconventional oil production for over a decade.www.oilsandsoilshalepatents.com/