TIORCO Revenue and Competitors

TIORCO, Inc. was formed on October 1, 1977 by Ben Sloat and Jim Mack to provide technology, products, services, and equipment for economically improving oil recovery for oil producers. Over the next quarter century, TIORCO expanded from a Rocky Mountain service company to international operations. More than 25% of TIORCO's business is now outside the United States. Our primary focus is on North and South America with projects also being managed in China, India and Russia. TIORCO's strength lies in the technology it provides operators for improved oil recovery. Our focus is on volumetric sweep improvement in waterflooding, which includes mobility processes and polymer gel systems for increasing reservoir conformance. Behind TIORCO's success is the ability to bring the right blend of four key ingredients to each IOR project - Technology, Equipment, Service and Products. TIORCO Technology - Choosing the right technology for individual reservoirs and applying it at the right time is extremely important in maximizing oil recovery. TIORCO's project engineers and field technicians bring to IOR projects extensive experience in improved oil recovery technologies gained from working with diverse reservoirs worldwide. This extensive experience is supported by proprietary software, reservoir modeling capabilities and in-house laboratory services. Design of an IOR project starts with data collection. Laboratory analysis is used to determine the impact of the injection water chemistry and the best combination of chemicals. Designs are optimized using computer projections of waterflood performance and chemical flood performance. TIORCO Equipment - To meet the rigorous demands of remote oil field installations, TIORCO designed and developed POL-E-DUC® process and metering systems. The rugged design, ease-of-use, and precise controls of the chemical feed systems are well suited to operating in demanding oil field conditions from the Siberian winter to the deserts of China's Heilongjiang Province. On-site and portable units offer microprocessor-based control and electrical panels to provide complete integration and automatic control of all systems and plant functions. All process systems are integrated through design and electronic control to easily operate with minimal field staff.