Contribution: Industrial Research Assistance Program – Contributions to Firms
DV8 Energy Inc.
$150,000.00
Develop rod string design software, and a Gas lift optimization system
FY 2021-22 · 2021-11-01
Summary
DV8 is building a rod string design software product called DV8 Dynamics. This software will design the sucker rod pumping system and eliminate the high error rate in rod string design. The current software used for designing wells was developed when wells were mainly vertical and does not produce an accurate rod design for deviated wells. This ends up costing producers a significant amount of money due to increased maintenance issues, equipment failures and the associated losses in production and work over costs. DV8 will develop a gas lift solution. DV8 GL will use machine learning models to optimize compressor and valve operations in the field to increase production. The system will be cloud based automated optimization system.
Department
Program
Industrial Research Assistance Program – Contributions to FirmsIndustrial Research Assistance Program-Contributions to Firms (linked with high confidence)
Recipient
Location
Calgary|Calgary, Alberta, Canada
Recipient Type
For-profit organization
Business Number
711111716
Type
Contribution
Source
Proactive Disclosure - Grants and Contributions
As published
Agreement End Date
2022-10-31
Agreement Number
980960
Agreement Start Date
2021-11-01
Agreement Title
Develop rod string design software, and a Gas lift optimization system
Agreement Title (French)
Développer un logiciel de conception de tiges de pompage et un système d'optimisation de l'extraction au gaz
Agreement Type
Contribution
Agreement Value
$150,000.00
Amendment Number
0
Coverage
IRAP Contributions to Firms projects stimulate wealth creation for Canada through technological innovation. | Les projets des Contributions aux entreprises stimulent la création de richesse au Canada grâce à l’innovation technologique.
Description
DV8 is building a rod string design software product called DV8 Dynamics. This software will design the sucker rod pumping system and eliminate the high error rate in rod string design. The current software used for designing wells was developed when wells were mainly vertical and does not produce an accurate rod design for deviated wells. This ends up costing producers a significant amount of money due to increased maintenance issues, equipment failures and the associated losses in production and work over costs. DV8 will develop a gas lift solution. DV8 GL will use machine learning models to optimize compressor and valve operations in the field to increase production. The system will be cloud based automated optimization system.
Description (French)
DV8 développe un logiciel de conception de tige de pompage appelé DV8 Dynamics. Ce logiciel permettra de concevoir le système de pompage des tiges de succion et d'éliminer le taux d'erreurs élevé dans la conception des tiges de pompage. Le logiciel actuel utilisé pour la conception des puits a été développé lorsque les puits étaient principalement verticaux; il ne produit pas une conception de tige précise pour les puits déviés. Cette situation finit par coûter beaucoup d'argent aux producteurs en raison de l'augmentation des problèmes d'entretien, des pannes d'équipements et des pertes de production et des coûts de reconditionnement qui en découlent. DV8 élaborera une solution d'extraction au gaz. DV8 GL utilisera des modèles d'apprentissage machine pour optimiser le fonctionnement des compresseurs et des vannes sur le terrain, et ce, afin d'augmenter la production. Le système sera un système d'optimisation automatisé basé sur le cloud.
Expected Results
The purpose of IRAP Contributions to Firms is to support research, development, adoption and/or adaptation of innovative or technology-driven new or improved products, services or processes in Canada up to their commercialization
Expected Results (French)
Le PARI, par le biais des Contributions aux entreprises, vise à appuyer la recherche, le développement, l’adaptation et/ou l’adoption au Canada de produits, de services ou de processus novateurs ou axés sur des technologies nouvelles ou améliorées, et ce jusqu’à leur commercialisation
Federal Riding
Calgary Midnapore
Federal Riding (French)
Calgary Midnapore
Federal Riding Number
48008
NAICS Code
213118
Organization Code
nrc-cnrc
Organization
National Research Council Canada | Conseil national de recherches Canada
Program Name
Industrial Research Assistance Program – Contributions to Firms
Program Name (French)
Programme d’aide à la recherche industrielle – Contributions aux entreprises
Program Purpose
The purpose of IRAP Contributions to Firms is to support research, development, adoption and/or adaptation of innovative or technology-driven new or improved products, services or processes in Canada up to their commercialization
Program Purpose (French)
Le PARI, par le biais des Contributions aux entreprises, vise à appuyer la recherche, le développement, l’adaptation et/ou l’adoption au Canada de produits, de services ou de processus novateurs ou axés sur des technologies nouvelles ou améliorées, et ce jusqu’à leur commercialisation
Recipient Business Number
711111716
Recipient City
Calgary|Calgary
Recipient Country
CA
Recipient Legal Name
DV8 Energy Inc.
Recipient Operating Name
DV8Energy
Recipient Postal Code
T2J 1Z9
Recipient Province or Territory
AB
Recipient Type
F
Reference Number
172-2021-2022-Q3-980960
