DarkVision Technologies Receives $3M from SDTC

darkvisionDarkVision Technologies, a Vancouver, BC-based developer of downhole imaging technology, received a contribution of $3m from Sustainable Development Technology Canada (SDTC).

The company will use the funds for the field deployment of its technology. The SDTC project is set to begin the 2nd half of 2016 with DarkVision’s Consortium Partners Suncor and Cenovus.

Founded in 2013 and led by Stephen Robinson, CEO, DarkVision has developed a new ultrasonic-based downhole imaging technology that gives Oil and Gas operators the ability to view the inside components of their wells with high resolution and clarity.
Working with its consortium partners, DarkVision will demonstrate the field-readiness of the technology by imaging a wide variety of wells during the project, allowing its partners to accurately identify problems such as casing-connections, cracks, sand-screen damage, scale, erosion, corrosion, flow-control device degradation and other downhole problems that negatively impact production efficiency and lead to well failures.

FinSMEs

28/09/2016

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