When the PTRC established the STEPS Network of Centres of Excellence, with an additional $10.5 million dollars of injected research funding from the Government of Canada, that funding was intended to help accelerate the movement of new enhanced oil recovery research to the field.

Research that is deemed by industry to be valuable and necessary to improving the production of oil, or lessening the environmental impacts of that production, is the whole focus of STEPS.  As an investor in that research, companies will see their investment money matched dollar-for-dollar by federal and Saskatchewan provincial funding.

And a simple investment of several thousand dollars in the overall research program – since it entitles companies to a share in the research results for all the projects within the program – could see a return on investment of several millions in research results.

Contact us to find out more about becoming a member of STEPS.