E&P companies in Canada are absolutely eligible for SR&ED tax credits – which can be a crucial source of cash in today’s economy.
We’ve helped our clients increase their bottom line by managing SR&ED project claims in virtually every area of the oil and gas sector. Check out our White Papers on SR&ED for the energy industry.
Producers can claim SR&ED for projects that take a systematic approach to addressing a knowledge gap in the underlying science or technology. O&G Producer clients have recouped project costs relating to:
- Frac propagation and geometries
- Secondary and tertiary recovery / EOR schemes
- Shale gas technologies
- Heavy oil/oilsands processes
- Conventional oil and gas extraction techniques
- Upgrading processes
Is your company embarking on a project with an elevated level of surveillance to tackle a knowledge gap? Producers can include certain field costs if incremental to the status quo – leading to a sizeable return.
We’ve helped O&G Service Companies recoup project costs for advancements in the following fields:
- Non-destructive testing
- Remote sensing
- Chemical treatments
- Coil tubing
Could you benefit from our professional, systematic and proactive approach? Our clients include some of the most innovative service companies and top multinational E&P companies. To ramp up your innovation program, speak to an expert.