Contribution: Industrial Research Assistance Program – Contributions to Firms
First Step Analytics Inc.
$71,000.00
Drilling simulation model creation and integration into the first commercial version of PrePad
FY 2022-23 · 2023-01-16
Summary
FSA will develop and incorporate new features into their PrePad software, an end-to-end well pad planning software that simulates the drilling and completions process for hundreds of unique designs.
The new features include:
1. A drilling process simulator that estimates cycle time and cost
2. An emissions predictor for at least four frac spread types.
3. A user interface and data layer capable of interacting with backend algorithms.
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
785277906
Type
Contribution
Source
Proactive Disclosure - Grants and Contributions
As published
Agreement End Date
2023-03-31
Agreement Number
1000918
Agreement Start Date
2023-01-16
Agreement Title
Drilling simulation model creation and integration into the first commercial version of PrePad
Agreement Title (French)
Création du modèle de simulation de forage et intégration dans la première version commerciale de PrePad.
Agreement Type
Contribution
Agreement Value
$71,000.00
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
FSA will develop and incorporate new features into their PrePad software, an end-to-end well pad planning software that simulates the drilling and completions process for hundreds of unique designs.
The new features include:
1. A drilling process simulator that estimates cycle time and cost
2. An emissions predictor for at least four frac spread types.
3. A user interface and data layer capable of interacting with backend algorithms.
Description (French)
FSA développera et intégrera de nouvelles fonctionnalités dans son logiciel PrePad, un logiciel de planification de bout en bout des plateformes de puits qui simule le processus de forage et de complétion pour des centaines de modèles uniques. Les nouvelles fonctionnalités sont les suivantes 1. Un simulateur de processus de forage qui estime la durée et le coût du cycle. 2. Un prédicteur d’émissions pour au moins quatre types de fracturation. 3. Une interface utilisateur et une couche de données capables d’interagir avec les algorithmes dorsaux.
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 Centre
Federal Riding (French)
Calgary-Centre
Federal Riding Number
48004
NAICS Code
2111
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
785277906
Recipient City
Calgary|Calgary
Recipient Country
CA
Recipient Legal Name
First Step Analytics Inc.
Recipient Operating Name
First Step Analytics
Recipient Postal Code
T2P 1G1
Recipient Province or Territory
AB
Recipient Type
F
Reference Number
172-2022-2023-Q4-1000918
