Fractal Systems develops proprietary partial upgrading technologies—JetShear, Enhanced JetShear (EJS) and Acid Reduction Process—to improve bitumen quality, lower viscosity, and reduce diluent needs for producers and midstream companies. Its EJS technology can displace roughly 50% of required diluent, reduce total acidity and olefinic content to exceed industry thresholds, increase export pipeline capacity by about 20%, and cut wells-to-tank GHG emissions by 11%. Fractal completed commercial-scale demonstrations (1,000 bpd facility) and processed over 225,000 barrels during field operations, achieving approximately 50% diluent displacement. The company is preparing a commercial-scale Enhanced JetShear Regional Hub project with an expected capacity of up to 50,000 barrels per day of bitumen feed (70,000–75,000 bpd diluted bitumen). Funding awarded by Emissions Reduction Alberta will support advancement of a construction-ready project development plan over the next two years to facilitate first commercial deployment. Fractal maintains offices in Calgary, Alberta and a lab facility in Sherbrook, Quebec.

Total raised

$5M

Funding rounds

1

Latest round

Equity

Latest activity

Feb 2019