Securing this first-ever patent grant signifies a major milestone for OIL and especially its Research& Development (R&D) Unit, which actively develops innovative solutions to oilfield exploration and production problems and has filed few other patent applications in recent years.
The patent grant amounts to recognition of the uniqueness of the solution provided by OIL to the problem of heavy wax deposition in flowing oil wells completed with packers. Scientists at OIL have studied the problem and attributed it to phenomenon related to severe wellbore cooling caused by evaporation and condensation of liquid in the annulus, also known as 'well bore refluxing'. The solution described in the patent application consists of removing the liquid from the well annulus using a venturi/ ejector device. Such a solution is simple, involves one-time operation and does not interfere with well production.
Patent application for the invention was first filed in the Indian Patent Office in February 2014, based on which an international application was filed as per provisions of Patent Cooperation Treaty (PCT).Subsequently, national phase applications were filed in EPO,USA,Russiaand China. The EPO grant comes ahead of other offices.
Powered by Capital Market - Live News
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
