RE:RE:RE:RE:Slide 3 AXE on 2019 Propel Energy Tech ForumToo All:
Acceleware shows estimate of 750 barrels of oil per day for a $20 million investment.
Pursuant to Acceleware website description: https://www.acceleware.com/technology/bite-sized-capabilities.html
This shows that a $20 million RFXL single pilot well project should generate at least 750 barrels of oil per day. About $20 million was invested into the Marwayne project. Therefore the expected production should be about 750 barrels of oil per day. That is just over twice the current rate of production.
50 Cubic Meters of Bitumen equals 13,200 gallons equals 314 barrels.
100 cubic meters of bitumen equals 26,400 gallons equals 628 barrels.