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Well Resources

The AI engine Fit Assessment

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Well Resources fulfills all central space requirements: industrial focus on energy-sector technologies, deep-tech innovation in decarbonization and upgrading processes, and a focus on energy-intensive oil and gas sectors.

Blurb

Developer and licensor of technologies for the energy sector to support resource utilization and reduce greenhouse gas emissions. The company develops and licenses processes, including alkylation and asphaltene cleaning technologies, serving the energy industry. It focuses on petroleum research, non-combustion applications for petroleum by-products, and high-octane gasoline production, collaborating with industry and academic partners to advance energy solutions.

HQ Location

Edmonton (Canada)

Founded

1989

Employees

201 - 500

Total funding raised

Not available

Funding Status

Not available

Well Resources is a Canadian clean tech company that develops and licenses process solutions for the energy industry. Well Resources' innovative technologies uniquely position it to be at the forefront of groundbreaking research and development aimed at lowering the petroleum industry's carbon footprint while elevating ESG objectives. Well Resources has developed and retains global licensing rights to a suite of commercially proven technologies, including:



• Selective Extraction of Asphaltenes (SELEX-Asp), a decarbonization process that also improves the quality and processability of heavy crudes.



• Composite Ionic Liquid Catalyzed Alkylation (Ionikylation), a safe and environmentally friendly alkylation process that eliminates a user's reliance on toxic and corrosive acid catalysts.



We believe it is possible to develop economic solutions to real world problems, while building a safe and sustainable future.



Visit www.wellresources.ca to learn more about how our commercially proven technologies can add value to your organization.