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The PTRC is a world leader in the development of enhanced oil recovery (EOR) and carbon dioxide storage demonstration projects. At PTRC, we seek to be the incubator, accelerator and developer of research and innovation to reduce the carbon footprint and increase the production of subsurface energy. Our important field trials have included: the IEAGHG Weyburn-Midale CO2 Monitoring and Storage Project; the Joint Implementation of Vapour Extraction (JIVE) Project that looked at three separate oil field applications of solvent vapour extraction technologies; and the Aquistore CO2 Storage Project associated with SaskPower's Boundary Dam Carbon Capture Facility in southeastern Saskatchewan. PTRC works by leveraging government with private sectors funds, collaborating with different oil companies to identify the areas of research and field trials that will have the most impact on production. PTRC's R&D and field trials move the needle on recovery from Western Canada's sometimes difficult-to-access oil, improving efficiency, reducing environmental effects, and maximizing returns from existing infrastructure.

PTRC Questions

The PTRC annual revenue was $27 million in 2026.

Erik Nickel is the Interim Chief Executive Officer of PTRC.

13 people are employed at PTRC.

PTRC is based in Regina, Saskatchewan.

The NAICS codes for PTRC are [2111, 211, 21112, 21].

The SIC codes for PTRC are [13, 131].

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