Acceleware Ltd V.AXE

Alternate Symbol(s): ACWRF

Technology Software - Application

Acceleware Ltd. is an advanced electromagnetic (EM) heating company with highly scalable EM solutions for large industrial applications. Its segments include High-Performance Computing (HPC) and RF Heating. The HPC segment sells proprietary high-performance computing software and related consulting services and training programs to the oil and gas industry. The RF Heating segment is engaged in research, development, and commercialization activities related to advanced electromagnetic heating using radio frequency (RF) energy. It is piloting RF XL, its patented low-cost, low-carbon EM thermal production technology for heavy oil and oil sands. It is also working with a consortium of potash partners on a pilot project using its patented and field proven Clean Tech Inverter (CTI) to decarbonize drying of potash ore and other minerals. It is actively developing partnerships for EM heating of other industrial applications in mining, steel, agriculture, cement, hydrogen and other clean fuels.

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Acceleware Ltd > zTransformer179

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Post by Whampoaon Oct 21, 2023 3:38pm

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Post# 35694758

zTransformer179

You make a good point, they have already deployed successfully the two heating wells.

I'll add to your other point about redrilling. I do understand why AXE bundled the DTS with the heating well at Marwayne. I believe I read before, the DTS has been used on SAGD steam wells, but first time ever with electormagnetic heating.

So, I have also wondered why AXE didn't drill a separate observatory horizontal ( 4th ) well and use it for measurement devices or DTS there and leave the heating wells solely with RFXL cable. Obviously more money but less risk, simpler, easier maintenance,, etc.

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