February 20, 2018 - 10:00 AM EST
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Terves Launches Oil and Gas Industry’s First Truly-Dissolvable Elastomer for Completion Tools

EUCLID, Ohio

Terves Inc. (“Terves”) is pleased to announce the launch of Oil and Gas Industry’s first truly-dissolvable family of elastomers, ElementUM™. ElementUM is a family of patent-pending high-performance, moldable and machinable elastomer that is designed to fragment and dissolve to tiny particles after exposure to downhole brine and fluids. Unlike competing dissolvable elastomers, polymers, and rubbers that primarily degrade (lose hardness) without losing weight, forming a slime or jelly that could plug when mixed with sand; ElementUM loses (dissolves) about ~80% of its weight over a period of days in standard well conditions and disintegrates leaving ~20% of very fine filler particles.

“When our customers started asking us for Dissolvable Elastomer products to complement our industry-leading TervAlloy family of dissolvable metal products, we actively started seeking suppliers that could provide the industry with a dissolvable rubber solution that would meet our customer’s needs. We discovered that there was no existing product available that worked well and was available at a reasonable price. All the products that our customers tested merely lost their hardness forming a cake or jelly like material without actually dissolving or producing controlled particles that could be easily flushed from the well” said Mr. Andrew Sherman, CEO, Terves. Furthermore, mechanical properties were not close to conventional polyurethane or EPDM rubbers, and low- and high-temperature versions did not exist. “Once we realized that there is no fully acceptable solution available, we researched patents for freedom to operate and then initiated development efforts using our extensive materials science and chemistry competencies to design a suitable material. We had the first-generation product ready within 4 months, which worked as well as or better than the existing products with a more attractive price point, but still did not fully satisfy plug designers. We continued with development efforts, modifying formulations and completing extensive testing and qualification, resulting in two high strength, truly dissolvable elastomers. The Elementum Dissolvable Elastomer products have gone through extensive internal and customer testing and are rated for up to 10,000psi pressure and 90ºC temperature. These products have been scaled to production, and we are now accepting commercial orders for the ElementUM Dissolvable Elastomer products that can be used for making custom sealing elements for Frac Plugs, Gaskets, Seals, O-rings, and other components” continued Mr. Sherman.

TervAlloy is the most widely used Dissolvable Metal in the industry, and Terves expects that ElementUM would be the default choice for the oil and gas industry that is in need of a Dissolvable Elastomer product that truly dissolves. With the widest product offering of Dissolvable Metals for every conceivable field condition, coupled with the recently launched ElementUM Dissolvable Elastomers and soon to be launched high-hardness, higher-pressure rating Dissolvable Metal Matrix Composites – Terves will continue to be the technology, value and market leader for interventionless tooling.

Click here to learn more about Elementum Dissolvable Elastomers.

*TervAlloy is protected by Issued Patent #US9757796 B2 which covers wrought magnesium dissolvable alloys.

About Terves

Terves is the technology and cost leader in the development, manufacturing and sale of Engineered Response materials for the oil and gas industry. Terves’ Engineered Response materials respond to their environment to “do something specific”, such as dissolve, change dimensions, generate force or heat, destroy chemicals or bacteria, and/or other specific actions based on change in time, temperature, pressure and/or other triggering agents.

Terves is the leading manufacturer of dissolvable metals and dissolvable polymers that are used for making frac balls, plugs, slips, seals and several other components used in oil and gas well completion and production; and have been used for completing tens of thousands of stages in North America, Europe, South America, Asia and MENA regions. Terves’ product portfolio also includes highly-engineered specialty proppants, expandable materials, acoustic imaging tools, thermites and structural reactive materials, net-shaped ceramic-metallic (cermet) nanocomposites, and high energy density supercapacitors. Terves is a strong research-based and product-focused organization that works with oil and gas majors, operators, EPCs and OEMs to commercialize existing products and develop new compelling products for some of the most critical challenges in oil and gas exploration, production and completion.

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Terves Inc.
Anupam Ghildyal, +1 216-375-6393
aghildyal@tervesinc.com


Source: Business Wire (February 20, 2018 - 10:00 AM EST)

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