Long Term World Oil Supply

Natural Gas. org

National Oil and Gas Assessment

Fossil Energy.gov



Avalon's technology group acquires and develops oil production enhancing technologies from early stage licensing partners. Through its relationship with UTEK, Inc., Avalon is building an asset portfolio. Its business model is to evaluate the commercialization potential as to technology and market viability, and if merited, proceed to rapid prototype development and field test of licensed technologies.Through relationships with targeted marketing partners, system design considerations will be tailored for market acceptance and adoption.

Oil Market Opportunity

Global market conditions present an attractive investment opportunity for proven technologies which will expand oil production efficiency in established fields. New supply solutions are not sufficient to offset declining production in the US. This has led to redevelopment of shut-in wells and prematurely abandoned wells by new market entrants such as Avalon Oil & Gas. Avalon has the advantage of preferential access to the company's field test beds for evaluating prototype technologies for oil production enhancement. In addition, Avalon's industry relationships can be leveraged in developing marketing partnerships for strategic technology commercialization.

Strategic Alliance with UTEK, Inc.

UTEK is a leading, market-driven technology transfer company that enables companies to rapidly acquire innovative technologies from universities and research laboratories worldwide. UTEK has operations in the United States, United Kingdom and Israel and trades on the American Stock Exchange (AMEX) in the US and on the LSE (AIM) in London under the ticker symbol "UTK". Through its strategic alliance with UTEK, the technology commercialization team at Avalon has access to early identification of promising oil production enhancement innovations, and the capability to finance their acquisition in exchange for equity.

Technology Asset Portfolio

Avalon is in the process of acquiring a portfolio of new technologies for the oil and gas industry which have been identified through its partner UTEK; and were developed at leading universities and research labs. The initial technology licensed by Avalon include Borehole Casing Technology , developed by the Lawrence Livermore National Laboratory.  

Borehole Casing Technology

The second technology license acquired by Avalon is from researchers at Lawrence Livermore National Laboratory. This technology involves 'smart oil well borehole casings' for oil recovery. The smart borehole casing technology uses a densely spaced network of casing sensors to monitor critical parameters in a subsurface oil reservoir. Data from a range of sensor types are combined with data fusion technology to yield real-time knowledge of the reservoir and processes such as primary and secondary oil recovery.   Sensors located deep within the reservoir are much more sensitive than sensors located on the surface. Types of sensors that can be customized in installation include seismic sensors, electrical resistance tomography electrodes (ERT), electromagnetic (EM) induction tomography coils and thermocouples.

Applications include real-time mapping and monitoring of subsurface fluid composition and distribution in deep oil reservoirs to maximize oil recovery without interfering with normal well operations. Hydrocarbon recovery and well locations can be optimized.   Bypassed oil and fluid-flow barriers can be identified; and fluid saturation changes can be effectively mapped.