Comparing the GEM TEOR method with Once Through Steam Generators (OTSG) at typical steam injection states (quality, pressure), the GEM TEOR method reduces costs from $3.50 to $5.50 per bbl steam (@$10/Mcf gas).
Steam-oil-ratios (SOR) range 3-10 bbls steam per bbl oil recovered, representing a savings of $10-$55/bbl oil. The higher GEM CAPEX ($20M v. $10M for 4400 bspd system) pay back is 17 mths for a $130M net simple savings in GEM OPEX (20 year equip. life).
This cost incentive will help to increase the availability of domestic oil reserves (e.g., Kern County, CA; TX Gulf Coast) and thereby help to decrease US reliance on foreign oil.