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Technology Information Session |
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TWELFTH IN THE SERIES OF SR&ED TECHNICAL WORKING GROUP FORUMS Emerging Technologies for the Partial Field Upgrading of Canadian Heavy Oils SR&ED Forum
Canadian heavy oils generally fall into the class of moderate to highly viscous crudes. For these crudes to meet the specified pipeline quality, they must be blended by the addition of relatively large quantities of diluents, of which the most commonly used are light hydrocarbons in the range of C4 to C6+. These liquid hydrocarbons are in turn derived from natural gas. The dwindling natural gas reserves coupled with the competition for the use of these liquids by the petrochemical industry, makes it imperative for the oil and gas industry to explore other options for partial field upgrading of heavy oils. The desired field upgrading technology must be relatively simple, inexpensive and flexible enough to meet the needs of all types and sizes of producers. The partial upgrading treatment should also reduce levels of sulphur, nitrogen and heavy metals present in the crude. If this can be successfully carried out, then the resulting crude would attract a much higher premium from refiners both in Canada and in the US. Developing a cost-effective and a high performance partial field upgrading technology would improve the economics of heavy oil production in Canada. This in turn would translate into continued growth and development of this vital part of our economy. The federal government's SR&ED Program would support concerted efforts by the industry to develop this type of technology. The SR&ED Program provides tax credits of up to 35% of qualifying expenditures for eligible R&D carried out in Canada. Investment Tax Credits (ITCs) so earned can be carried forward for 10 years and backwards for three. BENEFITS TO PARTICIPANTS This workshop will provide valuable information to oil and gas executives, engineers, accountants, R&D services providers, regulatory agencies, tax practitioners, service companies, funding agencies, legal firms, on emerging technologies fro partial field upgrading of Canadian heavy crudes and how such development work can be claimed under the SR&ED Program. Participants will hear from experts on the subject from both CRA as well as from the oil and gas industry. The session will be valuable to companies involved in upstream as well as in downstream activities including oilsands mining and upgrading.
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| AGENDA FOR THE DAY'S MEETING |
| 8:30 - 9:00 a.m. |
| Registration |
| 9:00 - 9:05 a.m. |
| Introduction and Welcome |
| 9:05 - 9:30 a.m. |
| Overview of Partial Field Upgrading Processes - Rick Luhning, Enbridge Inc |
| 9:30 - 9:50 a.m. |
| The EADIEMAC Process for Partial Field Upgrading of Heavy Oils - Bill Eadie, Eadie Oil |
| 9:50 - 10:10 a.m. |
| Field Upgrading Options - Roy Coates, ARC |
| 10:10 - 10:20 a.m. |
| Coffee break |
| 10:20 - 11:00 a.m. |
| Case Study - all participants |
| 11:00 - 11:15 a.m. |
| Case Study Presentations |
| 11:15 - 11:35 a.m. |
| Panel Discussion (panelists are mostly the presenters) |
| 11:35 a.m. |
| Closing |
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REGISTRATION
* indicates required field DISCLAIMER:
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| For further
information please contact: |
Arlene Merling, PTAC Manager, Operations phone: (403) 218-7702 fax: (403) 920-0054 amerling@ptac.org http://www.ptac.org/ | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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