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Acceleware Ltd V.AXE

Alternate Symbol(s):  ACWRF

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.


TSXV:AXE - Post by User

Comment by Whampoaon Jan 25, 2024 9:10am
126 Views
Post# 35844664

RE:RE:Still picking on IMO Cold Lake

RE:RE:Still picking on IMO Cold LakeAt a high level
CSS insitu is first generation. 
SAGD insitu is second generation. 
All the other solvent assisted as a group is third generation, now generically called SA-SAGD or similar. 
When commercials, AXE CTI RFXL is fourth generation. 

At one time IMO and other CSS operators had graphics of their CSS on their website, but no more. Probably have to dig to find. 

In general CSS injects high pressure steam into a reservoir via a vertical well for a period of time, steam is then rerouted to another well (so in other words steam off), the well then becomes a producer. Much more complex than SAGD. 

From IMO website = "It all started with Cyclic Steam Stimulation, which we still use today. That’s a fancy way of saying we use steam to extract bitumen from 400 metres under the ground using a vertical well.
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