Baker Hughes (NYSE:BHI), one of the world’s largest oilfield services companies, has filed a patent to use graphene as a component in fluids used for retrieving oil and gas. US patent application number 20120245058 is fairly generic, covering drilling, completion, production, and servicing fluids, all used at different stages of oil and gas digging. The patent includes figures which show, among other favorable properties, that inclusion of 1% of volume of graphene nanoparticles in a digging fluid reduces the loss of fluid to the rock surrounding the oil well. The idea is that the graphene infiltrates the rock and acts as a seal, preventing more fluid leakage. The exact ratio of mixing graphene with the fluid, the type of graphene and fluid used, and the exact applications are covered to such broad extent that this patent promises to give Baker Hughes a significant advantage over its competitors. The question is, which graphene companies will Baker Hughes choose as its partner for large-scale production of the fluids? Our bet is on Vorbeck.
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By graphenetracker on September 27, 2012
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