E-T Energy is getting $6.86 million in funding and will be working with Total E&P Canada Ltd. to field-test a less environmentally intrusive method of extracting hard to access bitumen from the Athabasca oil sands.
April 13, 2011
by PLANT STAFF
CALGARY: E-T Energy Ltd. is getting $6.86 million in funding and will be working with Total E&P Canada Ltd. as part of an agreement aimed at field-testing a less environmentally intrusive method of extracting hard-to-access bitumen from the Athabasca oil sands.
Calgary-based E-T Energy, the developer of the ET-DSP electro-thermal, in-situ bitumen extraction technology, will be undertaking Step 3 and 4 field testing at its Polar Creek leases as it prepares for Phase 1 of the project’s 10,000bbl/d commercial development.
The company said Total, a Calgary-based energy company, will provide financial and technical support for the next two steps of testing and will receive options for future cooperation in the development of the technology, including a global licence and a limited working interest in the first commercial development at the Poplar Creek site.
E-T Energy expects to start production from Steps 1 and 2 test patterns before the end of April, which will be shortly followed by Step 3 drilling and connecting.
Alberta’s Climate Change and Emissions Management Corp. (CCEMC) is providing up to $6.86 million in co-funding for the two-stage field tests of ET-DSP, which heats bitumen – too deep to mine and too shallow for steam assisted gravity drainage (SAGD) – for extraction.
The technology involves the placement of electrodes in a grid optimized to provide the most efficient heating, and an extraction well located within the centre of each series of electrode wells. Environmentally, it’s less intrusive, restoring contaminated sites to usable real estate in less than six months instead of decades.
Total is a subsidiary of Total SA, an integrated energy company based in Paris, France.
CCEMC is an Alberta not-for-profit, independent organization that invests in clean oil technologies and in finding practical ways of implementing them.