PTRC Announces Funding for SRC's Viking Tight Oil Research

The following media release was issued by the Saskatchewan Research Council on February 12, 2019. 

The Petroleum Technology Research Centre is pleased to announce it is providing $300,000 in funding to the Saskatchewan Research Council (SRC) to implement and expand its Viking tight oil research program.

The research will use SRC’s state-­of-­the-­art modelling and imaging technologies to provide industry partners with improved field characterization for the application of new technologies. PTRC recently acquired an industrial­-scale CT ­scanner – now housed at SRC’s Energy Division in Regina – which is just part of the research council’s expanding reservoir characterization capabilities.

Read the full news release.

New CT Scanner in the Regina facility
Photo courtesy of Saskatchewan Research Council

About Saskatchewan Research Council

Saskatchewan Research Council (SRC) is one of Canada’s leading providers of applied research, development and demonstration (RD&D) and technology commercialization.

With more than 350 employees, $75 million in annual revenue and over 71 years of RD&D experience, SRC provides products and services to its 1,500 clients in 20 countries around the world.

SRC’s head office is located at Innovation Place in Saskatoon. The company has additional locations in Regina, Prince Albert and Calgary. 

For more information, visit the website.

About PTRC

The Petroleum Technology Research Centre (PTRC) is a not-for-profit corporation founded in 1998 to facilitate research and development and demonstration projects into enhanced oil recovery and carbon storage, with the goals of improving recovery rates while reducing the environmental footprint of the oil and gas industry. 

It is the PTRC's mission to realize 5 billion additional barrels of oil reserves from Saskatchewan's existing oil-in-place over five years of R&D and field trials of new and improved technologies. 

The PTRC is located at Innovation Place in Regina.

For more information, visit the website.

- February 15, 2019