In a world where oil is harder and harder to find, we want to change the oil business by introducing the power to actually see the oil in the ground. Our technologies radically improve the probability of finding oil – ultimately giving our partners and us lower risk and higher rewards – faster.
Rex Gravity is a ground-breaking exploration technology that finds areas with suitable geological conditions for hydrocarbon accumulations. Based on satellite gravity data, Rex Gravity measures water surface levels with the aim of finding anomalies in the sub-terrain, which could indicate the presence of hydrocarbons. Rex Gravity is a very cost effective way to screen large areas for hydrocarbons before a major decision is made to acquire seismic data.
Working in tandem with Rex Gravity, Rex Seepage is a tool we use to spot oil seepages offshore in order to better understand the potential presence of oil reservoirs in the sub-terrain. Based on thermal satellite imaging, the tool is able to provide high resolution and accurate information about oil seepages from beneath the rock strata over many years. The result is a much higher probability of finding areas suitable for closer inspection.
Traditionally the oil industry uses seismic data to search for oil. So do we, but in a new way. Rex Virtual Drilling™ is a highly advanced, proprietary technology that gives us the power to literally see the oil in the ground: Where it is; how deep it lies; how much there is; the quality of the oil. We may even see how the oil migrated to its current position. The oil discovery success rate is significantly increased to over 50 %, compared to the global average of 10-15 %.
The Rexonic technology is the world’s first environmentally-friendly, high-power ultrasound technology for commercial oil well stimulation that has been proven to increase oil production by between 30 – 380 % both onshore and offshore. The proprietary, patented technology is highly efficient in cleaning the production well bore from typical oil production inhibitors such as wax, paraffin and salt deposits, thereby significantly increasing the flow of oil into the well bore. The technology does not use any chemicals, and allows the well bores to continue oil production during the cleaning process.
We use our technologies to invest directly and make partnerships with leading oil exploration and production companies all over the world. See what some of our partners have to say.