Advantages

The LiftPlus System:

• 7 year run time in producing SAGD well
• Its positive displacement nature correlates to lowering SOR
• Has very low Operational Cost
• Reduces GHG Emission and Power Consumption
• Is unaffected by temperature
• Can be landed at 90 degrees
• Has infinite turn down ratio
• 1,000 m3/day – 0 capability
• Unaffected by emulsion/gas interference
• Can handle significant sand cut

Environmental

GHG Emission Effect

The GHG Emission Effect can be calculated by applying a C02 emission factor that converts reductions in kilowatt-hours into avoided units of carbon dioxide emissions.  The following example uses the industry accepted emission factor that the AVoided Emissions and geneRation Tool (AVERT) has derived.

• Emission Factor
  1,640.7 lbs CO2/MWh × (4.536 × 10-4 metric tons/lb) × 0.001 MWh/kWh = 7.44 × 10-4 metric tons CO2/kWh
  (AVERT, U.S. national weighted average CO2 marginal emission rate, year 2016 data)

GHG Emission Effect Base Case

One LiftPlus System replacing 1 ESP using 150 HP of continuous electricity

• 150 HP = 111.9 kW…..x 8760 hr/year = 980,244 kWh
• 980,244kWh x 7.44 x 10¯⁴ metric tons of CO₂/kWh = 729.3 metric tons CO₂
• One car emits 6 tons CO₂/year…729.3tons/6 tons/car = 121 cars/year

1 LiftPlus System then to replace 1 ESP is the equivalent of removing 121 cars/year off the street. 

• Carbon Credit
  • 729.3 metric tons CO₂ = 729.3 Carbon credits
  • As per Government of Canada 2023 value of a carbon credit $65/metric tons CO₂ = 729.3 x $65 = $47,400
• Power Savings
  • Oilfield Service power cost $0.30/kWh
  • 980,244 kWh x $0.30 kWh = $294,000
• Total Savings from 1 Lift Plus System = $47,400 + $294,000 = $341,400/year