Contribution: Industrial Research Assistance Program – Contributions to Firms
1036950 Alberta Limited, DBA LCO Technologies
$28,000.00
Eng Student to assist with Vent Gas Capture applications
FY 2020-21 · 2020-05-01
Summary
Recently PTAC released some research which was done to determine how much methane venting comes from tanks in the oil and gas industry. The outcome from the research was approximately 4% of all methane venting comes from tanks. The thought is that based on current available technologies the cost of recovering or capturing this gas is about $46 per T CO2e. We feel we can get that cost down by using the Crossfire platform which would make the argument for capturing the gas more compelling to the end user. There may be other areas where this modified technology could be applied such as the packing and crankcase venting from compressors (6% of total methane venting).
Department
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
894872506
Type
Contribution
Source
Proactive Disclosure - Grants and Contributions
As published
Agreement End Date
2020-10-31
Agreement Number
947765
Agreement Start Date
2020-05-01
Agreement Title
Eng Student to assist with Vent Gas Capture applications
Agreement Title (French)
Un étudiant en ingénierie travaille dans les applications de capture de gaz de combustion
Agreement Type
Contribution
Agreement Value
$28,000.00
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
Recently PTAC released some research which was done to determine how much methane venting comes from tanks in the oil and gas industry. The outcome from the research was approximately 4% of all methane venting comes from tanks. The thought is that based on current available technologies the cost of recovering or capturing this gas is about $46 per T CO2e. We feel we can get that cost down by using the Crossfire platform which would make the argument for capturing the gas more compelling to the end user. There may be other areas where this modified technology could be applied such as the packing and crankcase venting from compressors (6% of total methane venting).
Description (French)
Récemment, PTAC a publié des recherches qui ont été faites pour déterminer la quantité de méthane dégagé par les réservoirs de l'industrie pétrolière et gazière. Le résultat de ces recherches est qu'environ 4 % de tout le méthane dégagé provient des réservoirs. L'idée est que sur la base des technologies actuelles disponibles, le coût de la récupération ou de la capture de ce gaz est d'environ 46 dollars par tonne d'équivalent de CO2. Nous pensons que nous pouvons réduire ce coût en utilisant la plateforme Crossfire, ce qui rendrait l'argument de la capture du gaz plus convaincant pour l'utilisateur final. Il pourrait y avoir d'autres domaines où cette technologie modifiée pourrait être appliquée, tels que le remplissage et l'évacuation du carter des compresseurs (6 % de l'évacuation totale du méthane).
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 Confederation
Federal Riding (French)
Calgary Confederation
Federal Riding Number
48005
NAICS Code
417220
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
894872506
Recipient City
Calgary|Calgary
Recipient Country
CA
Recipient Legal Name
1036950 Alberta Limited, DBA LCO Technologies
Recipient Operating Name
LCO Technologies
Recipient Postal Code
T2E 4C6
Recipient Province or Territory
AB
Recipient Type
F
Reference Number
172-2020-2021-Q1-947765
