Yearly Archives

2017

Field trials and SR&ED: How can O&G technology providers offset risk for their E&P partners? (White Paper)

By | Claims, SR&ED

We’re pleased to announce Part 3 of 5 in our series of White Papers on SR&ED for the Energy industry.

In this latest installment, we discuss how technology providers and E&P partner companies can offset the financial risk of a field trial by leveraging SR&ED.

White Paper 3: Field Trials and SRED – How can O&G technology providers offset risk for E&P partners? (Click to Open)

 

We want every E&P and service company to leave no stone unturned for cost-saving measures in today’s economy.

TSGI has been servicing the Canadian Oil and Gas industry for 20+ years, including work with our partners on major technological breakthroughs that have transformed the industry.

 

Our White Paper series on SR&ED for the Energy industry:

White Paper 1: Debunking the myth: SR&ED Eligibility for E&P Companies (Click to open)

White Paper 2:  Drilling down: SR&ED opportunities for E&P companies beyond capital (Click to Open)

White Paper 3:  Field Trials and SRED – How can O&G technology providers offset risk for E&P partners? (Click to Open)

Check back for future installments in our series:

White Paper 4:  SR&ED in a JV world: Crucial insights for Energy companies entering a JV (Upcoming)

White Paper 5:  Geophysics, Reservoir Evaluation, and capturing your SR&ED entitlement (Upcoming)

TSGI’s approach to SR&ED featured in article by EnergyNow

By | General, SR&ED

TSGI’s President, Michael Bosdet, sat down with EnergyNow to discuss our approach to working with clients in the energy industry. 

EnergyNow writes:

‘…TSGI differentiates itself from other firms who provide SR&ED services because of their experience and willingness to dig into complex issues. “We have examples of successful multi-million dollar claims for our clients where their joint venture partners failed to make a claim because of complex corporate structures or regulatory frameworks,” expresses Bosdet. “We have the expertise to dig in and make the best call for our clients.”’

Read the full article at this link:

TSGI Corporation – The Niche Experts in SR&ED Services

 

TSGI is proud to sponsor Beakerhead!

By | General

Have you experienced the weird  & wonderful world of Beakerhead? It’s a fun mashup of science, creativity and engineering. This year’s theme is the Journey of Invention – a process dear to both our hearts and our ceaselessly inventive clients. We couldn’t be happier to sponsor Beakerhead this year!

Join us Thursday September 14 at the Science of Cats and Dogs. We turn to science (and music, and comedy) to find out what mysteries lurk under all that fur…

Congratulations to Samantha on her latest publication!

By | Uncategorized

The European Journal of Organic Chemistry has published an article co-authored by Samantha Anderson, née Keller, one of TSGI’s Technology Advisors. Samantha’s PhD research in the group of Dr. Sutherland at the University of Calgary focused on the synthesis and study of new organic molecules for application in improved solar cell efficiency. Her research objectives were to synthesize specialized molecules (Pyrene Donor-Acceptor-Donor Chromophores), the geometry of which would be especially conducive to light harvesting and electron transfer. This subset of her research resulted in the synthesis of three new pyrene building blocks that possess the desired characteristics for organic electronic applications, such as solar cells. The research group’s work has been featured in numerous other publications. Congratulations, Samantha!

Full paper available here.

Drilling Down: SR&ED opportunities for E&P companies beyond capital (White Paper)

By | SR&ED

We’re pleased to announce Part 2 of 5 in our series of White Papers on SR&ED for the Energy industry.

In this latest installment, we discuss scoping the size of the prize for E&P companies evaluating a possible SR&ED claim.

White Paper 2:  Drilling down: SR&ED opportunities for E&P companies beyond capital (Click to Open)

 

We want every E&P and service company to leave no stone unturned for cost-saving measures in today’s economy.

TSGI has been servicing the Canadian Oil and Gas industry for 20+ years, including work with our partners on major technological breakthroughs that have transformed the industry.

White Paper 1: Debunking the myth: SR&ED Eligibility for E&P Companies (Click to open)
White Paper 2:  Drilling down: SR&ED opportunities for E&P companies beyond capital (Click to Open)

 

Check back for future installments in our series:

White Paper 3:  Special considerations for Oil and Gas Service companies (Upcoming)

White Paper 4:  SR&ED in a JV world: Crucial insights for Energy companies entering a JV (Upcoming)

White Paper 5:  Geophysics, Reservoir Evaluation, and capturing your SR&ED entitlement (Upcoming)

New White Paper Series: SR&ED for the Energy industry

By | Claims, SR&ED

We’re starting a new 5-part series of White Papers on the topic of SR&ED for companies in the Energy industry.

We aim to dispel misconceptions about SR&ED and offer special considerations for fully leveraging the program. We want every E&P and service company to leave no stone unturned for cost-saving measures in today’s economy.

TSGI has been servicing the Canadian Oil and Gas industry for 20+ years, including work with our partners on major technological breakthroughs that have transformed the industry.

White Paper 1: Debunking the myth: SR&ED Eligibility for E&P Companies (Click to open)

 

Check back for future installments in our series:

White Paper 2:  Drilling down: SR&ED opportunities for E&P companies beyond capital  (August 31)

White Paper 3:  Special considerations for Oil and Gas Service companies (Upcoming)

White Paper 4:  SR&ED in a JV world: Crucial insights for Energy companies entering a JV (Upcoming)

White Paper 5:  Geophysics, Reservoir Evaluation, and capturing your SR&ED entitlement (Upcoming)

Emissions Reduction Alberta (ERA) announces ~$30M project funding

By | Uncategorized

Emissions Reduction Alberta (ERA) announced approx. $30M in project funding for 12 projects aimed at reducing methane through technological advancement, as part of the Province’s objective to reduce methane emissions by 45% by 2025.

The projects are part of ERA’s Methane Challenge, focusing on opportunities in Alberta’s oil and gas industry (five projects), methane detection and quantification (five projects), and biological sources of methane (two projects).

The winning projects include a remote generator compressor system (Gentherm Global Power Technologies), an in-pipe turbine generator to off-set the need for pneumatic instrumentation (ZKO Oilfield Industries and Peyto), a cattle feed ingredient to reduce methane emissions at their source (Viresco and DSM) and biomass generation to displace coal (Capital Power Corporation). Eight other projects were announced (details here).

In total, the project funding will result in $83M total investment with industry contributions.

The main sources for methane emissions in Alberta are associated with agriculture, mining, oil and gas and waste management. The climate change impact of methane is approximately 25 times greater than CO2 over a 100-year timeframe.

Industry partners tackling technological advancements can potentially offset some of their costs through the SR&ED program. For SR&ED projects in Alberta, 10% of eligible costs can be recouped as a cash refund (up to $400K), in addition to Federal Investment Tax Credits.

For more information or a complimentary SR&ED eligibility assessment, contact Elliot Cudmore (elliot.cudmore@tsgi.ca, 403-451-3384).

Feds expand scope of innovation funding

By | Uncategorized

Federal funds ($1.26B) intended to stimulate research and development in Canada will be more broadly applicable for companies operating outside the initial six high-tech sectors outlined in prior budget announcements.

The initial industries of focus were: advanced manufacturing, agri-food, clean technology, digital industries, health and bio-sciences and clean resources, as well as infrastructure and transportation.

Widening the scope of the $1.26B fund for innovation support will be beneficial for companies focused in industries excluded from the initial announcement. However, critics may argue that dispersing funds without strategic focus will not achieve the objectives of the Feds’ targeted SuperCluster initiative.

Economic Development Minister Navdeep Bains will provide further details shortly.

 

Alberta Innovation Trending Upwards

By | Uncategorized

Several bright spots emerged in the past week suggesting an upward trend for future innovation in Alberta. Indeed, recent major announcements from all three “pillars” of R&D in Canada (Private sector, Government, and Academia) bode well for innovation and technology advancement as mainstays in Alberta’s evolving economy.


1. Last week, Mayor Nenshi announced that a new Calgary Campus will be opened by Rocketspace, a prestigious accelerator from Silicon Valley. Occupying 75,000 sq ft of the former Encana Place, Rocketspace will help a selection of Canada’s top technology ventures scale rapidly. Combined with other local accelerator programs (e.g. Imaginea Energy’s accelerator, GE’s Customer Innovation Center), Rocketspace’s arrival in Calgary suggests there is ample opportunity for innovation and growth in Alberta. Indeed, industry pressures on cost competitiveness, efficiency and environmental performance are driving unprecedented technological innovation and opportunities for new business.

  1. 2. The Federal government opened applications on their business-led “Innovation Superclusters Initiative.” Industry-led consortia are invited to apply to “supercharge their regional innovation ecosystems.” The Federal government will provide dollar-for-dollar matching of private sector investment. Superclusters produce technology innovation stemming from a critical mass of diverse private sector organizations, academic and research institutions, and other innovation partners. The Supercluster Initiative will favour consortia which distribute access to the generated intellectual property (IP). Apply for the Supercluster program by July 21st, 2017.
  2.  

    3. On May 31st, the Hunter family established the Hunter Hub for Entrepreneurial Thinking with an extraordinary $40M donation. In the words of Diana Hunter, “As one of Canada’s leading research institutions, the University of Calgary is a driver of the entrepreneurial and innovation ecosystem in our community. It fuels our next generation of talented social and technological thinkers, who will in turn energize our city, our province and our world for the future.” Initiatives such as the new Hunter Hub strengthen academia and the private sector as drivers of continued Canadian R&D.


Of course, the companies that will benefit most from these initiatives are the same companies that will benefit from SR&ED, Canada’s largest source of financial support for R&D in a commercial setting.  These days, any company pursuing technology development needs to have a solid SR&ED strategy in place to remain competitive, and TSGI has successfully guided hundreds of companies in this regard over our 20+ year history. Contact Elliot.Cudmore@tsgi.ca for a complementary consultation for SR&ED eligibility.