All the filter can do is remove particulate. The reason you need to change oil is not to remove the particulate matter. Rather the reason is that the additive package in the oil wears out. Once the additives are used up, acids and moisture serve to make the oil less effective. Additionally the Viscosity Improver additive present in multi-grade oils of which most of us use these days last probably a shorter length of time than the other additives.
Reducing the particulate is not a bad thing, but I believe you are making a mistake if you consider removing the particulate eliminates the need to change oil frequently.