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Contribution: Industrial Research Assistance Program – Contributions to Firms

2072677 Alberta Ltd.

$96,500.00

Well abandonment prototype

FY 2018-19 · 2018-04-01

Summary
Remuda's project scope consists of creating Internal Cutting Tool technology for the well abandonment sector of the oil and gas industry. The internal cutting tool technology is superior to other abandonment processes as it increases efficiency, eliminates Ground Disturbance, is safe for use around other underground facilities and is the leading technology Oil & Gas Site Owners are seeking for their abandonment projects.
Program
Industrial Research Assistance Program – Contributions to FirmsIndustrial Research Assistance Program-Contributions to Firms (linked with high confidence)
Location
Calgary|Calgary, Alberta, Canada
Recipient Type
For-profit organization
Business Number
789702115
Type
Contribution
Source
Proactive Disclosure - Grants and Contributions

As published

Additional Information
This agreement has been amended 1 time(s). The end date of this agreements has been modified by 183 days.
Additional Information (French)
Cet accord a été modifié 1 fois La date de fin du présent accord a été changé de 183 jours.
Agreement End Date
2019-08-30
Agreement Number
903898
Agreement Start Date
2018-04-01
Agreement Title
Well abandonment prototype
Agreement Title (French)
Prototype d'abandon de puits
Agreement Type
Contribution
Agreement Value
$96,500.00
Amendment Date
2019-03-11
Amendment Number
1
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
Remuda's project scope consists of creating Internal Cutting Tool technology for the well abandonment sector of the oil and gas industry. The internal cutting tool technology is superior to other abandonment processes as it increases efficiency, eliminates Ground Disturbance, is safe for use around other underground facilities and is the leading technology Oil & Gas Site Owners are seeking for their abandonment projects.
Description (French)
La portée du projet Remuda comprend la création de la technologie de l’outil de coupe interne pour le secteur d'abandon de puits de l’industrie pétrolière et gazière. La technologie de l’outil de coupe interne est supérieure à d’autres processus d’abandon parce qu'elle augmente l’efficience, élimine la perturbation du sol, elle est sécuritaire pour utilisation autour d’autres installations souterraines et elle est la technologie pointe pour les propriétaires de site dans l’industrie pétrolière et gazière, qui ont des projets d'abandon.
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
211110
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
789702115
Recipient City
Calgary|Calgary
Recipient Country
CA
Recipient Legal Name
2072677 Alberta Ltd.
Recipient Postal Code
T2G 1Y8
Recipient Province or Territory
AB
Recipient Type
F
Reference Number
172-2018-2019-Q4-903898