Grants and Contributions:
Title:
Youth - Downhole Extended Reach Tools for Increased Rate of Penetration and Achieving Deeper Depths for Oil and Gas Application
Agreement Number:
1044090
Agreement Value:
$30,000.00
Agreement Date:
Jun 16, 2026 - Jun 15, 2027
Description:
Development and deployment of downhole extended-reach tools that generate pressure pulsations to reduce friction during coiled tubing or jointed pipe operations, improving deployment speed, extending well reach, and enhancing intervention efficiency in oil and gas wells.
Organization:
National Research Council Canada
Expected Results:
The purpose of IRAP’s Youth Employment Program is to assist in increasing the supply of highly qualified people, promoting the benefits of advanced studies, demonstrating federal leadership by investing in the skills required to meet the needs of the knowledge economy and facilitating the transition of highly skilled young people to a rapidly changing labour market.
Location:
Calgary, Alberta, CA T2V 5H9
Reference Number:
172-2026-2027-Q1-1044090
Agreement Type:
Contribution
Report Type:
Grants and Contributions
Recipient Business Number:
718644693
Recipient Type:
For-profit organization
Recipient's Legal Name:
Thruster Energy Corp.
Federal Riding Name:
Calgary Heritage
Federal Riding Number:
48007
Program:
Industrial Research Assistance Program – Youth Employment Program
Program Purpose:
The purpose of IRAP’s Youth Employment Program is to assist in increasing the supply of highly qualified people, promoting the benefits of advanced studies, demonstrating federal leadership by investing in the skills required to meet the needs of the knowledge economy and facilitating the transition of highly skilled young people to a rapidly changing labour market.
Coverage:
IRAP Youth Employment Program projects stimulate wealth creation for Canada through technological innovation.
NAICS Code:
213118