“That project is currently underway and we anticipate it should be fully operational in the very near term,” Steve states. The pipeline to which Steve referred is three miles long, and while natural gas is a secondary source of income for the company, it still offers a significant opportunity. There are multiple off-set producing wells nearby to Encore’s projects that have reported initial production rates of more than one hundred barrels of oil per day per well,” added Steve. “We also plan to drill multiple horizontal wells to optimize long-term production and reserves for oil and natural gas. “We have recently made horizontal oil and natural gas discoveries in the Peters Branch area, and we are currently developing a natural gas transmission pipeline system, which will assist us in optimizing oil production and selling natural gas to the end purchaser,” Steve reveals to Energy, Oil & Gas. With thousands of acres of land under agreement in Lawrence County, Encore’s proven reserve position includes select tracts such as Peters Branch and Fallsburg that are located offset to existing proven oil fields. The horizontal Berea oilfield is the highest producing formation and oil production play in the Commonwealth.Īs the most prominent oil play in Kentucky, the Berea reportedly yields an estimated 20 percent of the state’s annual oil production, making Lawrence County the number one oil producing county in Kentucky, in a state where more than 60 counties produce oil. Specializing in the horizontal drilling of what company President, CEO, Chairman and Founder Steve Stengell describes as ‘shallow-tight oil and natural sandstone’, the company is currently focusing its attention in the Berea sandstone oil and natural gas formation of Lawrence County, Kentucky. Additionally, the pilot user owns several social buildings to renovate, where ENCORE can be validated in real life conditions.With exciting new discoveries being explored and ambitious plans for future development, Encore Energy has positioned itself as an attractive proposition to qualified investorsĬreated just over a decade ago, Encore Energy (Encore) is a small, independent oil and natural gas producer, located in the southeastern United States. ENCORE will be validated in experimental facilities consisting of a baseline building and an experimental building that can be modified to measure the energy efficiency of the modification. Once the project is validated, ENCORE will automatically generate the work planning for the construction works, and once finalized, ENCORE will provide continuous monitoring of the energy consumption to ensure non-degradation of the renovation works.
ENCORE will also provide mechanisms for the dwellers or owners to validate the project, either on-site with Augmented/Mixed Reality solutions, or on-line. They will be able to modify the model, presenting the energy efficiency gains of different renovation alternatives, including the impact in the overall budget. It also provides support to architects and designers in the creation of the 3D models from the acquired data, automatically identifying and classifying the constructive elements, and allowing them to complete the model with existing BIM resources. It will also allow to involve dwellers in the process by providing them with mobile tools to capture images or other in-doors information. To achieve this objective ENCORE proposes the creation of a system that integrates services for data acquisition from the buildings like Static LiDAR setups, and LiDAR or photogrammetry equipment embarked in UAVs. It will tackle energy efficiency and comfort parameters, involving all the actors in the process (architecture studios, designers, constructors, tenants, or public administration), and facilitating information exchange among all the parties. The main objective of ENCORE is to increase the share of renovated stock in Europe and worldwide by providing effective and affordable BIM tools that cover the whole renovation life-cycle (from data collection to project execution, and commissioning/delivery). ENergy aware BIM Cloud Platform in a COst-effective Building REnovation Context (ENCORE)