Acceleware was very pleased to be asked to present at the 2019 SPE/CHOA Slugging it Out conference in Calgary on April 16th. We have presented at Slugging it out two times in the past, and were excited to have the opportunity to provide attendees with updates on our progress in the commercialization of RF XL.
Slugging It Out is a heavy oil and bitumen focused conference that has been held annually for over 27 years. Each year has a theme – and this year was “Optimizing Prime: Transforming Heavy Oil.” The theme is particularly appropriate for us as we work to commercialize this technology that can truly transform the production of heavy oil and bitumen.
I was able to give attendees an overview of our progress since our presentation the previous year which included the milestones below:
- Over $15M in funding secured
- Prosper Agreement signed for test site
- RF converter development (GE Global Research)
- design completed, first module built and tested, and full unit currently being assembled & tested
- Surface Facilities design completed by Scovan.
- Drilling & Completion design by Codeco-Vanoco.
- Ongoing internal simulations and de-risking tests.
In addition to our progress milestones, I was able to spend more time to focus on some of the fundamentals of the RF XL design. While we often talk about how much more efficient RF XL is compared to ‘traditional’ approaches to RF heating using dipole antennae we realized we don’t often get a chance to explain that advantage in more detail. The slides shown here showcase the energy efficiency and capital cost advantages of RF XL compared to the diplole approach.
Mike Tourigny - VP Commercialization, RF Heating
Mike is an accomplished executive with over 25 years of experience in building high growth businesses based on disruptive innovation. Mike started his career in the oil and gas industry before moving to the technology sector, where he worked on the development and deployment of multiple ground breaking technologies in various business sectors. In 2013, Mike made the move to specialize in radio frequency (RF) heating systems for oil sands and heavy oil production with Acceleware Ltd.
Mike’s goal is to commercialize Acceleware’s RF heating, and to generate explosive but responsible growth within the oil sands and heavy oil sectors. Awareness of the need for thoughtful applied innovation, combined with his understanding of complexities inherent to deploying technological advancements in an established industry, results in Mike’s ability to successfully expedite change. Along with his respect for both the heavy oil industry and its’ political realities, this translates into the ability to navigate through barriers associated with business growth and development. Mike has worked in energy, utilities, telecommunications, and technology services sectors in Canada and internationally. Mike holds a Masters of Business Administration from the University of Calgary and a Bachelor of Commerce in Finance from the University of British Columbia.