The market for FSG Technologies is very promising. Flash steam generation technology meets a real and pressing need in the field and has strong industry and public support. FSG Technologies is actively seeking partnerships to achieve the next stage of progress in bringing FSG technology to market.




The market size for FSG technology is estimated to be over CAN $1 billion per year. Currently, FSG Technologies is looking for a partner to secure its core team independently of partnerships, and to fund product industrialization. We are seeking investors to contribute CAN $4 to $5 M over three years.

Market potential


In-situ bitumen production accounts for more than 50% of total production in Alberta and has become the standard production method for all new projects. However, operators have been looking to move away from the familiar but investment-heavy and inefficient steam generation technology.

Key industry players have identified FSG Technologies as the innovators of the most promising replacement solution for steam generation. Our comprehensive product range will offer operators OTSG-replacement units for expanding, renewing or building new central processing facilities, steampads for distributed autonomous wellhead facilities, and blowdown recovery units to optimize the efficiency of existing SAGD facilities.


Market share


According to the most recent estimates by the National Energy Board, Alberta is going to add an average 60,000 BPD in bitumen production every year between today and 2040. When we add the need to replace aging SAGD equipment, that brings the potential market size for FSG steam generation units to somewhere between 30 and 50 per year. We are aiming to capture a 50% market share for a total number of 15 to 25 FSG units sold per year. This means up to CAN $650 million in new orders per year, with a typical 18-month delivery time.

Beyond Canada, Venezuela presents similar heavy oil and reserves, though it is not commercially accessible at the moment. We are also exploring opportunities in the USA, in California and Utah.


Market approach

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A variety of business models are currently open to FSG, from pure licensing to vertically integrated manufacturer and installer models. At this stage, our working assumption is that we will function as an equipment provider, selling steam generators and maintenance but subcontracting actual fabrication and low-level integration.

Our initial target is the oil sands industry in Alberta, both major players and second-tier players. We believe our steampad and BRU products will be ideal for catching the market upswing as they offer flexible, low-risk solutions to initiate production or upgrade the performance of existing plants. Our BRU product will be ideally poised to help oil sands operators meet the Alberta Directive 081 on Water Disposal Limits.

We expect our partners within COSIA to be our first customers, driving market adoption.


Industry support

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Cenovus and Nexen, two of the leading SAGD producers, have been early supporters of FSG technology since 2014. They supported the FSG lab testing program, including shipping de-oiled feedwater from their production sites in Alberta. When the program concluded successfully, they publicly stated their belief that FSG is the most promising new steam generation technology. Cenovus and Nexen have also been vocal in their support through Canada’s Oil Sands Innovation Alliance (COSIA), where on several occasions they have shared the results of the Lab Testing Program.

The Water Technology Development Centre (WTDC), an alliance of five leading oil sands producers (Suncor, Husky, CNRL, Devon and Nexen) is looking to host an FSG pilot at the WTDC testing facility as part of their Testing Programs Wave 2 (2020-2021).


Public support


In parallel with industry support, the FSG concept has been generating considerable interest from public agencies looking to improve both the environmental impact and the economic efficiency of oil sands production. Applications with both Sustainable Development Technology Canada (SDTC) and Emissions Reduction Alberta (ERA) have been received very positively and selected for full proposal submissions.





FSG Technologies is open to strategic partnerships to support the development and industrialization of FSG technology. Investors and companies who would be interested in exploring a long-term strategic investment in FSG Technologies should contact Morgane Gouyon-Rety, General Manager of FSG Technologies for more details. She can be reached by email at or by telephone at 1 514 731-0101.


Field Pilot Project

Innovations in technologies rely on rigorous testing to ensure the results are true to the vision. The FSG concept has been proven in the lab with the support of two major operators. Now, its performance must be proved on a larger scale using a field test in Alberta.

During its two-year lab testing program, FSG Technologies refined its new alternative to steam generation. This phase of testing used process water shipped from its Alberta SAGD facilities. Today, FSG is working on setting up a real-scale field pilot project in 2020 at the WTDC facility in Alberta. There, the company plans to produce 8,300 kg of steam per hour (1,265 BPD CWE) by 2020 and complete the endurance runs by the end of March 2021.



The key goal of the field test is to prove the modular concept and elements. To achieve this goal, the team has three key objectives:

  • to verify and strengthen several parts, including the validity of sizing up the model and the fouling projection model;

  • to assess the impact of natural gas heating on the overall process and pipe-scaling;

  • to develop failure modes and maintenance procedures.

The project is based on an FSG unit producing 8,300 kg of steam per hour (roughly 115 times lab scale) at 10 MPa. The team will use centrifugal pumps, gas burners, a pre-heater and three-inch (i.e. piggable) pipes. Successful field testing will confirm the reliability and availability of the model’s performance and will demonstrate the resilience of the FSG unit. Most importantly, field testing will confirm the energy and water efficiency of the FSG process.

The oil sands industry is looking for significant change in production methods to reduce its costs and improve its environmental performance. The FSG model is a frontrunner for operators who want to improve their environmental footprint while reducing their production costs.