Alexander Stickler P.Eng., MBANsolv Team: Joe Kuhach, John Nenniger, Alexander Stickler & Paul Krawchuk
Say “Goodbye” to SAGD and “Hello” to Nsolv! The company’s revolutionary solvent technology is demonstrating the possibility of clean, profitable and more sustainable oil extraction. Nsolv consumes zero water, reduces GhG emissions by 80%, and it leaves most asphaltenes and heavy metals in-situ, meaning 20% less waste for each extracted barrel – but that’s not all! It also reduces pipeline requirements, is 40% cheaper to purchase and requires 80% less energy input than today’s standard SAGD, making it an economically viable option at today’s low oil prices. Lastly, Nsolv’s lower operating pressure unlocks access to additional resources, potentially increasing Canadian in-situ reserves by 20-40%.