Radio Frequency XL (RF XL) Enhanced Oil Recovery
Acceleware Ltd.
| Project Type | Project Value | Project Status | Location | Funding Amount |
|---|---|---|---|---|
Project TypeDemonstration |
Project Value$16,100,000 |
Project StatusContribution Agreement |
LocationCalgary and Alberta Oil Sands |
Funding Amount$5,000,000 |
Acceleware will complete a commercial scale pilot test of its patent pending RF XL electromagnetic heating technology that has the potential to significantly reduce oil sands production costs, while also reducing GHG emissions and eliminating external water use. This game changing technology uses radio waves to heat the water already present in the reservoir to efficiently mobilize heavy oil and bitumen. RF XL requires no chemicals or solvents, no external water, requires a smaller surface footprint, and can reduce GHG emissions by 50-100%. Project developers estimate the potential exists for capital and operating cost reductions in the range of 70 and 40 per cent respectively when compared to Steam Assisted Gravity Drainage (SAGD).