NAL Resources
2021
Executive Summary
NAL, now owned by Whitecap Resources Inc., has developed a repeatable and cost-effective solution for pneumatic to electric chemical pump conversions in grid-powered fields that can significantly reduce the need for ‘SMART’ pump technologies currently offered in the market. NAL has applied the learnings from its Q4, 2018 pilot of SMART pumps on four sites in Olds to devise a cheaper, more effective solution that utilizes existing infrastructure, including grid support to materially reduce full cycle costs of chemical pump retrofits by upwards of 75%.
This project-type has the potential to reduce the minimum economic threshold of emissions necessary for candidate selection from >85 tCO2e/YR/site using SMART pump technologies to <50 tCO2e/YR/site in assets across the Alberta Basin.