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2010 Annual Report

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2010 Annual Report 2010 Annual Report MISSION Our mission is to facilitate innovation, collaborative research and technology development, demonstration and deployment for a responsible Canadian hydrocarbon energy industry. VISION Our vision is to help Canada become a global hydrocarbon energy technology leader. Contact Us For further information please contact: PTAC Petroleum Technology Alliance Canada Suite 400, Chevron Plaza, 500 Fifth Avenue SW, Calgary, Alberta, Canada T2P 3L5 MAIN: 403-218-7700 FAX: 403-920-0054 EMAIL: [email protected] WEB SITE: www.ptac.org PERSONNEL SOHEIL ASGARPOUR BRENDA BELLAND SUSIE DWYER LORIE FREI MARC GODIN President Manager, Knowledge Centre Innovation and Technology R&D Initiatives Assistant and Technical Advisor (403) 218-7701 (403) 218-7712 Development Web Site (403) 870-5402 [email protected] [email protected] Coordinator Administrator marc.godin@portfi re.com (403) 218-7708 (403) 218-7707 [email protected] [email protected] ARLENE MERLING TRUDY HIGH BOBBI SINGH LAURA SMITH TANNIS SUCH Director, Operations Administrative and Registration Accountant Controller Manager, Environmental (403) 218-7702 Coordinator (403) 218-7723 (403) 218-7701 Research [email protected] (403) 218-7711 [email protected] [email protected] Initiatives [email protected] (403) 218-7703 [email protected] PETROLEUM TECHNOLOGY ALLIANCE CANADA 2010 ANNUAL REPORT 3 Message from the Board A New Decade – A New Direction 2010 proved to be a turning point for PTAC as we redeined our role and PTAC Technology Areas set new strategies in motion. Over the past year PTAC has achieved goals in diverse areas of our organization: improving our inances, rebalancing our MANAGE ENVIRONMENTAL IMPACTS project portfolios to address a broad spectrum of needs, leveraging support • Emission Reduction / Eco-eficiency for ield implementations, and building a measurably more effective and • Energy Eficiency eficient organization. In fact, during the course of 2010 we achieved all the • Resource Access • Air major goals of our ive-year plan two years ahead of schedule. PTAC is now • Ecological in a position of sound inancial health and organizational clarity. • Soil and Groundwater • Water • Alternative Energy At the close of 2010, PTAC set new strategies and direction for the organization. • Wellsite Abandonment While the goals and targets of the previous ive-year plan concentrated on internal development, the new plan targets both external and internal IMPROVE OIL AND GAS RECOVERY goals. The overarching goal of the new ive-year plan is to tangibly increase • Conventional Oil and Gas Recovery industry’s capacity for innovation, research, and technology development, • CO2 Enhanced Hydrocarbon Recovery demonstration and deployment (IRD3). This new plan clearly supports • Coalbed Methane/Unconventional Gas PTAC’s Mission and Vision, which both focus on strengthening the Canadian • Oil Sands • Heavy Oil hydrocarbon energy industry. Increasing capacity for IRD3 will directly beneit innovative oil and gas companies, enabling them to resolve speciic challenges. It will also promote economic prosperity, create employment, IMPROVE VALUE-ADDED PRODUCTS help SMEs to lourish, reduce environmental impacts, and provide tax and • Hydrocarbon Upgrading royalty revenues for the federal and provincial governments. • Reining • Petrochemicals • Hydrogen The Canadian hydrocarbon energy industry grapples with a unique • Gasiication combination of factors. Although Canada has the largest hydrocarbon • Pipelines • Integration resources in the world, over 90% of these are unconventional; therefore, • Transportation sustainable development of these resources requires sophisticated technologies. We believe IRD3 is the key to making the Canadian hydrocarbon REDUCE CAPITAL, OPERATING, AND G&A COSTS energy industry more effective and eficient. Within the framework of • Eco-Eficiency the international energy industry, it is becoming increasingly important • Energy eficiency for Canada to reduce costs, increase production, increase recovery, and • Chemical consumption improve safety and environmental performance. Consumers are demanding • Automation • Reduce Operating Cost related to energy consumption that hydrocarbon production have signiicantly less environmental impact • Drilling and Completion and shareholders are insisting on signiicantly higher energy eficiency. At the same time, industry is trying to recover increasingly challenging deposits while reducing costs. Developing new technologies and promoting PTAC Technical Areas innovation are the only options, and PTAC hopes to address these challenges • e-Business in a meaningful way. • Facility Design • Geosciences • Health and Safety Admittedly, the overarching goal of PTAC’s new ive-year plan is broad and • Instrumentation/Measurement long-term. Therefore, we have redeined our role and developed three • Operations • Production Engineering speciic strategies to engage industry and move towards a tangible increase • Reservoir Engineering in capacity for IRD3: understanding the sense of urgency; facilitating • Security innovation; and developing technologies. • Telecommunications Understanding the sense of urgency encompasses establishing effective communication with stakeholders regarding the need for and value of IRD3. Achieving widespread industry buy-in is the irst step to increasing capacity PETROLEUM TECHNOLOGY ALLIANCE CANADA 2010 ANNUAL REPORT 4 for IRD3. PTAC has begun developing a strong communication To help our new ive-year plan come to fruition, PTAC is plan, and will engage industry and government leaders in embracing a new role and literally putting our money where endorsing, supporting, and helping secure funding for the our mouth is. In December 2010 the PTAC Board of Directors proposed IRD3 program. At the same time, PTAC will aggregate approved a motion that allows the organization to begin funding existing research and relevant technology information. We will projects. PTAC has approximately $700,000 available in 2011 to communicate this information highlighting existing gaps to use as seed money to develop technologies. Securing seed money establish a sense of urgency within industry and promote the is essential to the success of technology development projects as development of breakthrough technology among innovators. The those dollars act as a catalyst for further interest and investment. desired result of these cumulative communication efforts is the PTAC has earned a solid reputation for successful inancial proactive development, demonstration and deployment of new leveraging, such as the one-to-ten inancial leveraging achieved technologies to resolve both current and emerging challenges. on the 2008 Alberta Department of Energy (ADOE) grant. To date, the original grant has seeded additional participation from PTAC has a tradition of successfully facilitating innovation, the 140 organizations and has launched twelve projects to accelerate second strategy of the new ive-year plan. This strategy involves technology development. aligning, coordinating, and taking a holistic and integrated approach to existing and future technology initiatives. This will Looking back at 2010, we are pleased to have come so far and continue under the new plan as we facilitate collaboration among accomplished so much. Achieving the goals set out in our research and development organizations. In addition, we hope ive-year plan ahead of schedule speaks to the dedication and to further enhance the PTAC collaborative model to establish expertise of our many volunteers who have served on PTAC’s a robust process for collaborative technology development. Board of Directors, board committees, and technical steering The development of an up-to-date website portal will expedite committees. It is because of their collective passion for innovation technology transfer, collaboration, and the dissemination of that we ind ourselves embarking on a new ive-year plan with a results. focus on industry-wide communication, enhanced collaboration, and valuable technology development. Our goal of effectively The third strategy, Developing Technologies focuses on increasing industry’s IRD3 capacity is ambitious, but building accelerating the collaborative development and deployment of on PTAC’s successes we are conident that together we can help a slate of transformative technologies. This includes facilitating Canada become a global hydrocarbon energy technology leader the launch of Collaborative Test Facilities (CTF), and launching through innovation, collaborative research, and technology collaborative research and technology development programs. development, demonstration, and deployment for a responsible Canadian hydrocarbon energy industry. While creating our new ive-year plan, we recognized that a number of government, industry, and academic organizations are actively involved in hydrocarbon innovation. However, improved Soheil Asgarpour, Ph.D., P.Eng. Earle Shirley coordination and communication among these organizations President Chairperson is needed to enable a meaningful increase in the IRD3 capacity of the Canadian hydrocarbon energy industry. Therefore, PTAC has initiated the formation of virtual organizations that will provide a holistic and integrated approach for collaborative technology innovation. The irst virtual organization is focused on sustainable oil sands development and facilitated through PTAC’s Clean Bitumen Technology Action Plan, a consortium of twenty-seven organizations. PTAC is currently in discussion with nine additional research and
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