Grants and Contributions:

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Title:

Eng Student to assist with Vent Gas Capture applications

Agreement Number:

947765

Agreement Value:

$28,000.00

Agreement Date:

May 1, 2020 - Oct 31, 2020

Description:

Recently PTAC released some research which was done to determine how much methane venting comes from tanks in the oil and gas industry. The outcome from the research was approximately 4% of all methane venting comes from tanks. The thought is that based on current available technologies the cost of recovering or capturing this gas is about $46 per T CO2e. We feel we can get that cost down by using the Crossfire platform which would make the argument for capturing the gas more compelling to the end user. There may be other areas where this modified technology could be applied such as the packing and crankcase venting from compressors (6% of total methane venting).

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 T2E 4C6

Reference Number:

172-2020-2021-Q1-947765

Agreement Type:

Contribution

Report Type:

Grants and Contributions

Recipient Business Number:

894872506

Recipient Type:

For-profit organization

Recipient's Operating Name:

LCO Technologies

Recipient's Legal Name:

1036950 Alberta Limited, DBA LCO Technologies

Federal Riding Name:

Calgary Confederation

Federal Riding Number:

48005

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:

417220