RE­TURN ON IN­VEST­MENT

Cal­gary-based Ac­cele­ware is pi­lot­ing its ra­dio-fre­quency tech­nol­ogy to lib­er­ate bi­tu­men from Al­berta’s oil sands

Alberta Oil - - CONTENTS -

Ra­dio free oil sands! Cal­gary-based Ac­cele­ware is part­ner­ing with global in­dus­try gi­ant GE to use ra­dio waves to lib­er­ate oil from bi­tu­mi­nous sand

WITH OIL PRICES STILL COAST­ING BE­LOW THE REALM OF

prof­itabil­ity for many oil com­pa­nies, the in­dus­try is laser­fo­cused on shrink­ing its cost mar­gins any way that it can. To­day, al­most all of those gains are hap­pen­ing in the tech­no­log­i­cal ef­fi­ciency space. And that’s where we find Ac­cele­ware, a Cal­gary-based clean-tech and seis­mic-imag­ing com­pany that is hop­ing to change the way oil sands firms get heavy oil out of the ground in Western Canada.

In mid-June, Ac­cele­ware joined forces with GE to launch a pi­lot project for Ac­cele­ware’s patent-pend­ing ra­dio wave-heated in situ oil sands tech­nol­ogy, which, ac­cord­ing to the com­pany, could save oil sands pro­duc­ers bil­lions in fuel and wa­ter costs associated with tra­di­tional steam heat­ing. Mike Tourigny, Ac­cele­ware’s vice-pres­i­dent in charge of com­mer­cial­iz­ing the ra­dio fre­quency (RF) process, says the pro­gres­sion from seis­mic imag­ing to oil pro­duc­tion tech­nol­ogy was a nat­u­ral one for the com­pany. “We’ve taken 10 years of our ex­per­tise in elec­tro­mag­netic mod­el­ling and brought that into the oil sec­tor,” Tourigny says. “The fun­da­men­tal thing here is that this is a way to pro­duce oil sands and any heavy oil with less power,

AC­CELE­WARE’S MIKE TOURIGNY IS CON­FI­DENT THAT, WITH A MA­JOR PART­NER­SHIP NOW IN PLACE, AC­CELE­WARE’S PATENTPENDING TECH­NOL­OGY WILL GET RE­SULTS IN THE OIL SANDS

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