Grants and Contributions:

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Title:

Sub-Surface Automated Smart Wellbore

Agreement Number:

910597

Agreement Value:

$375,000.00

Agreement Date:

Jul 15, 2018 - Jul 31, 2019

Description:

In this project, an autonomous mechatronic valve system for use in oil and gas wellbores will be developed. The proposed technology includes an interventionless valve system and a reservoir optimization system with sophisticated Artificial Intelligence algorithms. The wellbore is partitioned into stages, with each stage including a valve and sensors to monitor properties of the formation. Sensor measurements are collected at a central decision-making unit, and the optimization system analyzes the collected information to make sophisticated decisions, using AI to operate the mechatronic valves, and thereby optimize hydrocarbon production. Reservoir modelling will be also conducted to understand the effect of the optimization and improvement.

Organization:

National Research Council Canada

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

Location:

Calgary, Alberta, CA T2C 4X5

Reference Number:

172-2018-2019-Q2-910597

Agreement Type:

Contribution

Report Type:

Grants and Contributions

Recipient Business Number:

835281320

Recipient Type:

For-profit organization

Additional Information:

This agreement has been amended 1 time(s). The total amendment value is 25,000 dollars.

Amendment Date

Jun 5, 2019

Recipient's Legal Name:

NCS Multistage Inc.

Federal Riding Name:

Calgary Shepard

Federal Riding Number:

48011

Program:

Industrial Research Assistance Program – Contributions to Firms

Program Purpose:

Coverage:

IRAP Contributions to Firms projects stimulate wealth creation for Canada through technological innovation.

NAICS Code:

21311

Amendments:

See Amendments