Grants and Contributions:
Title:
Sub-Surface Automated Smart Wellbore-Phase2
Agreement Number:
931827
Agreement Value:
$431,000.00
Agreement Date:
Jul 15, 2019 - Aug 31, 2021
Description:
This project is the continuation of Sub-Surface automated smart wellbore NCS initially started with IRAP. The project is the Phase 2 portion of the same project, in which we will develop an autonomous mechatronic valve system for use in oil and gas wellbores. The proposed technology includes an interventionless valve system and a reservoir optimization system with sophisticated Artificial Intelligence (AI) algorithms. The wellbore is partitioned into stages, with each stage including an actuator and sensors to monitor properties of the formation or to communicate with and to surface.
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:
172-2019-2020-Q2-931827
Agreement Type:
Contribution
Report Type:
Grants and Contributions
Recipient Business Number:
835281320
Recipient Type:
For-profit organization
Additional Information:
This agreement has been amended 2 time(s). The total amended value is -44,000 dollars.
Amendment Date
Feb 22, 2021
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:
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
Coverage:
IRAP Contributions to Firms projects stimulate wealth creation for Canada through technological innovation.
NAICS Code:
21311
Amendments: