Contribution: Industrial Research Assistance Program – Contributions to Firms
Oilify New-Tech Solutions Inc.
$100,000.00
Thermoplastic Sucker Rod Bench Testing
EF 2021-22 · 2021-09-01
Résumé
Oilify New-Tech Solutions Inc. is developing and an innovative breakthrough solution to advance artificial lift for shale and deep reservoir oil wells. Rod pumps are considered the most efficient method to lift a barrel of oil. The project is focused on rod pumping systems, with the goal to improve sucker rod technology with new materials from other industrial applications. The primary consumable and power load factor in the rod pumping configuration is the sucker rod. Advancing rod durability, the power required to operate the system and total required capital expenditure will bring significant value to Exploration and Production companies.
Ministère
Programme
Industrial Research Assistance Program – Contributions to FirmsIndustrial Research Assistance Program-Contributions to Firms (lien de confiance élevée)
Bénéficiaire
Emplacement
Calgary|Calgary, Alberta, Canada
Type de bénéficiaire
For-profit organization
Numéro d'entreprise
730873270
Type
Contribution
Source
Proactive Disclosure - Grants and Contributions
Tel que publié
Agreement End Date
2022-03-31
Agreement Number
978130
Agreement Start Date
2021-09-01
Agreement Title
Thermoplastic Sucker Rod Bench Testing
Agreement Title (French)
Essai sur banc de tige de succion thermoplastique
Agreement Type
Contribution
Agreement Value
$100,000.00
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
Oilify New-Tech Solutions Inc. is developing and an innovative breakthrough solution to advance artificial lift for shale and deep reservoir oil wells. Rod pumps are considered the most efficient method to lift a barrel of oil. The project is focused on rod pumping systems, with the goal to improve sucker rod technology with new materials from other industrial applications. The primary consumable and power load factor in the rod pumping configuration is the sucker rod. Advancing rod durability, the power required to operate the system and total required capital expenditure will bring significant value to Exploration and Production companies.
Description (French)
Oilify New-Tech Solutions Inc. met au point une solution révolutionnaire et innovante pour faire progresser le levage artificiel dans les puits de pétrole de schiste et de réservoirs profonds. Les pompes à tige sont considérées comme la méthode la plus efficace pour soulever un baril de pétrole. Le projet est axé sur les systèmes de pompage à tige, avec pour objectif d'améliorer la technologie des tiges de succion à l'aide de nouveaux matériaux provenant d'autres applications industrielles. Le principal consommable et facteur de charge énergétique dans la configuration de pompage à tige est la tige de succion. L'amélioration de la durabilité des tiges, la puissance requise pour faire fonctionner le système et le total des dépenses d'investissement nécessaires apporteront une valeur ajoutée significative aux entreprises d'exploration et de production.
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 Signal Hill
Federal Riding (French)
Calgary Signal Hill
Federal Riding Number
48012
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
730873270
Recipient City
Calgary|Calgary
Recipient Country
CA
Recipient Legal Name
Oilify New-Tech Solutions Inc.
Recipient Operating Name
Oilify
Recipient Postal Code
T3B 6J1
Recipient Province or Territory
AB
Recipient Type
F
Reference Number
172-2021-2022-Q2-978130
