REVOIL

REVOIL is the first project in oil industry that will combine the most innovative technologies in environmentally conscious hydrocarbons production and blockchain implementation with
a high degree of transparency in all business operations.
Some analysts believe that oil business has lost its relevance in the 21st century.

Aim

1. To make the oil industry environmentally friendly, accessible
   and transparent for any person through the use of blockchain technology.
2. To acquire development licenses, establish oil wells for production and build pipelines for hydrocarbons.
3. To produce shale oil, it is planned to use innovative technology - AirVento TGT (based on thermogas with oxygen injection) that was developed by the founder of the REVOIL project.
4. To make one of the most closed industries truly open, transparent and decentralized.

Furthermore, the oil community will be based on the principles of effectiveness, environmental friendliness and business transparency. With the help of blockchain will allow to change one of the most conservative industries in the world, making it open for everyone.

Currently, projects of the real sector of economy are gaining increasing interest on the crypto market as they have tangible assets which guarantee receipt of a constant positive cash flow from operating activities.

According to market research made by leading consulting companies, steady global demand for hydrocarbon fuels as well as for plastic products will remain until 2030

       Wold oil demand forecast in millions of barrels per day

One of the most important aspects ensuring success of oil company is the effectiveness of its operations, And the community will work to ensure that OilToken can be purchased or sold on most major platforms.

Market analysis : For the last 15 years new alternative energy sources have been announced repeatedly. Most of them should change the world and eliminate its dependence on petroleum products.

Nevertheless, gasoline, kerosene and residual fuel will remain the main sources of energy for all types of transport in the near future. However they will not affect level of demand, rather than oil supply structure

          Comparison of oil production structure by years

Currently, the market for extracting HTR reserves is only forming. It is going to become dominant in five years’ time due to the gradual depletion of readily retrievable oil reserves.

HTR reserves extraction technologies: Various oil production technologies are applied on deposits all over the world. Application of certain method depends on the nature of occurrence and the type of oil.

                     Traditional technology

                 Hydraulic fracturing

In this case oil can flow from the well due to the high formation pressure, corresponding formation permeability and low hydrocarbon viscosity.
When traditional technologies are used in development of shale deposits, such as the Bazhenov Formation, more than 95% of oil reserves will remain in the reservoir.

Due to high thermobaric conditions in the reaction zone, additional fracturing occurs in the formation. This technology also affects kerogen, a solid organic substance which can be turned into synthetic oil when heated.
According to practical evaluation, introduction of this technology makes it possible to increase the maximum volume of oil production in the reservoir tenfold - from 5% to 50% of its reserves .
They measure not only the amount of production, but also its blend
composition.

           Oil Token Distribution

The REVOIL project has provided primary emission of 2,611,534 tokens to achieve targets of the Token Launch stages. 70% of the primary token will be sold to new members of the community. The smart contract will release tokens in the amount of the increase of produced oil to the previous period. 15% of the tokens will be used for development of the company in the long term period. The remaining 15% will be used for team motivation, development of oil community and bounty.

Community members get the opportunity to use their right to dispose of the extracted oil or to transfer the tokens for storage within 3 (three) months from the start of industrial volumes oil production at the REVOIL wells.

               VOLUME OF PRODUCTION, THOUSAND TONS

This technology makes extraction highly efficient and affordable, which ensures high profit margins even at the lowest oil prices.

However, technology means nothing without people, who are able to derive it to the peak of efficiency. So, community founder invented AirVento TGT while other members of REVOIL management team are experienced oilmen who has relevant expertise in organisation all related to oilfield development processes from the scratch.

According to REVOIL research, currently more than 50% of the explored HTR (hard-to-recover) oil reserves in Russia do not belong to any major international developers.

                    MORE INFORMATION CONNECT TO REVOIL

Official Website: http://revoil.io/
Whitepaper Link: https://dl.dropboxusercontent.com/s/09ajpryumlr55v2/REVOIL.%20WHITE%20PAPER.%20ENG.pdf?dl=0&m=
Twitter: https://twitter.com/revoiltoken
Telegram Channel: https://t.me/revoiltoken
Official Facebook Page: https://www.facebook.com/Revoil-142031596524714/?ref=bookmarks

Bitcointalk: https://bitcointalk.org/index.php?action=profile;u=1971845.

 SAMURAI-x.