Malaysia-based GrapheneNanochem will put its latest product, GrapSolve, to the test in the field for a national oil company in Myanmar

Malaysia-based GrapheneNanochem will put its latest product, GraphSolve, to the test in the field for a national oil company in Myanmar.

It is a paid trial under the group’s deal with ScomiOiltools and the product is due to be used in three wells in work due to complete in the first quarter of 2016, the company said in a statement.

GraphSolve is used to treat drill cuttings waste on-site, thereby ridding the costly need to transport and treat material away from the well. Drilling generates between 300MT and 600MT of cuttings per well.

GrapheneNanochem claimed that the latest product can reduce treatment costs by between $70 and $200 per MT of cuttings.

The company said the product’s dual chemistry function reduces the oil content in the cuttings to less than 1 percent to meet environmental regulations for on-site disposal while it also speeds up the biodegradation process to within 8-12 weeks.

Graphene’s chief executive JespalDeol said: “The advanced paid field trial of GraphSolve by the end customer after successful lab testing provides a strong testament to the performance of our products as we continue expanding our product lines and market reach.”

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