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Acceleware Ltd V.AXE

Alternate Symbol(s):  ACWRF

Acceleware Ltd. is a Canada-based company that develops clean-tech decarbonization technologies. The Company has two business units: Radio Frequency Heating Technology and Seismic Imaging Software. Its segments include High-Performance Computing (HPC) and RF Heating. Its HPC segment sells proprietary high-performance computing software and related consulting services and training programs primarily to the oil and gas industry. The RF Heating segment is engaged in research, development, and commercialization activities related to the Company’s proprietary enhanced heavy oil and oil sands production technology. It is focused on developing RF XL, a patented low-carbon production technology for heavy oil and oil sands. Its RF XL technology eliminates greenhouse gas (GHG) emissions associated with heavy oil and oil sands production. Its seismic imaging software solutions are for high fidelity imaging, providing the advanced imaging available for oil exploration in complex geologies.


TSXV:AXE - Post by User

Comment by ztransforms173on Dec 05, 2023 12:30pm
85 Views
Post# 35769283

RE:RE:RE:No wonder CVE Sask Thermals freshwater use suck

RE:RE:RE:No wonder CVE Sask Thermals freshwater use suck
RE:RE:No wonder CVE Sask Thermals freshwater use suck


From CVE's recently published 2022 Sustainability report
 
Thermal projects in Saskatchewan
 
Fresh water intensity at our thermal operations increased
to 4.00 bbls water/BOE in 2022, up from 3.71 the year
before. Significant work remains to reach our target of 2.90
by year end 2030. The increase in fresh water intensity in
2022 was not unexpected and resulted from a strategy to
increase steam volumes injected, with fresh water intensity
improving in coming years as SOR reduction strategies such as
non condensable gas co-injection are implemented.
 
Our Lloydminster thermal projects include 12 smaller
facilities (most with nameplate production capacity of 10,000
bbls/d), which rely on an available supply of water from the North Saskatchewan River. Cenovus water licences for the Lloydminster thermal projects represent approximately 0.3% of the North Saskatchewan River’s annual average flow. Water withdrawals were higher in 2022 at 23 million cubic metres due to the startup of the Spruce Lake North thermal project, and increased steam injection at all our thermal operations due to process improvements that increase the amount of steam we are able to generate with our boilers.

***

- well, THANKS for pointing this out that Cenovus Energy uses FRESH RIVER WATER in their THERMAL SAGD projects in SK

- you have to REMEMBER that these BELONGED to HUSKY ENERGY, an entity that was KNOWN for PLAYING LOOSE with ENVIROMENTAL REGULATIONS {like BP once was}

z173

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