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.
To explore the opportunity, speak to an expert.