- Acceleware (AXE) announced that heating has commenced at its commercial-scale RF XL pilot project at Marwayne, Alberta
- The objectives of the pilot are to validate RF XL technology as a means to produce heavy oil and bitumen while demonstrating the technology’s economic benefits
- If successful, the pilot will mark a world first for electrification of low-to-zero GHG heavy oil and oil sands production
- The Marwayne pilot is supported by Sustainable Development Technology Canada, Emissions Reduction Alberta (ERA), Alberta Innovates and several major oil sands partners
- Acceleware Ltd is a Canadian clean-tech innovator of radio frequency (RF) heating technologies
- Acceleware Ltd. (AXE) opened trading at C$0.79 per share
Acceleware (AXE) announced that heating has commenced at its commercial-scale RF XL pilot project at Marwayne, Alberta.
The achievement demonstrates RF XL’s potential to produce heavy oil and bitumen through RF-based electrification.
The objectives of the pilot are to validate RF XL technology and to demonstrate the technology’s economic benefits.
RF XL is a low-cost, non-aqueous recovery solution that could yield low-to-zero scope 1 and scope 2 greenhouse gas emissions by decarbonizing heavy oil and oil sands production.
Geoff Clark, Acceleware’s CEO commented on the pilot’s success.
“We are extremely pleased with the RF XL pilot progress to date. This commercial-scale test is the result of terrific innovation and determination, and is expected to prove out that decarbonization of Canadian oil production in the near term is not only viable but also highly economic. We believe RF-based electrification will play a very significant role in a successful energy transition for Alberta and for Canada. I am very excited for next steps.”
The pilot drilling program began in August 2021 and was completed in December 2021.
Over the course of a power ramp-up phase, Acceleware plans to gradually increase power, pause heating intermittently to evaluate performance and test the RF XL system as required. The team will establish an operating baseline for the system, and identify design enhancements for future deployments. Oil production capabilities resulting from heating will also be assessed.
The initial RF XL heating phase is planned for approximately six months. If successful, the pilot will mark a world-first for electrification of low-to-zero GHG heavy oil and oil sands production. With a successful Pilot and subsequent commercialization, numerous potential environmental benefits could be realized by oil sands producers deploying RF XL.
Acceleware’s Marwayne Pilot is supported by Sustainable Development Technology Canada, Emissions Reduction Alberta (ERA), Alberta Innovates, Broadview Energy, and three major oil sands partners, including Cenovus Energy.
Acceleware Ltd is a Canadian clean-tech innovator of radio frequency (RF) heating technologies that enable the electrification of industrial heat dramatically reducing GHG emissions.
Acceleware Ltd. (AXE) opened trading at C$0.79 per share.
