Making Oil and Gas Extraction More Sustainable: The Role of AKOS Energy Corp

As published in the SV April 2025 Newsletter

As the world pushes toward renewable energy, oil and gas remain essential to the global economy—especially in regions where alternatives are not yet viable. To bridge this transition, the oil and gas industry is investing in technologies that reduce emissions, optimize efficiency, and limit environmental impact.

Key trends driving this shift include improving well productivity through coiled tubing and multilateral drilling, using real-time downhole data to reduce waste, and offering Technology-as-a-Service (TaaS) to scale sustainable practices. These innovations help operators minimize drilling, eliminate unnecessary trips, and extend well life with less environmental cost.

AKOS is at the forefront of this transformation. Their hybrid electric/optical coiled tubing tools enable real-time monitoring, precise lateral entry, and multi-tasking in a single run—cutting down both emissions and service time. In Canada alone, AKOS’ services are projected to reduce over 1.4 million metric tons of CO₂ emissions within five years.

For example, AKOS’ tools reduce lateral well entry from 8–24 hours to under 1 hour, shortening full jobs from 6 days to 2 and saving millions per operation. By adding laterals to existing wells instead of drilling new ones, AKOS avoids fracking, eliminates mud and sand use, and reduces CO₂ by nearly 4,000 metric tons per well set.

Most recent highlights include:

• AKOS has executed the documents to form a Joint Venture in Canada with an investment group based in Alberta. The Joint Venture will provide well services in Canada using AKOS' new multilateral well intervention technology.

• AKOS has received an order from the Joint Venture for additional tools that will allow the Joint Venture to service two well sites simultaneously.

• AKOS continues to hear good news from the multilateral well intervention job it conducted a few weeks ago in Alberta:

  • The operating company has confirmed that the well pad has seen a significant increase in production following the job.

  • AKOS' post-job analysis confirms that the new tool successfully entered three of the four well laterals.

    
    

Please contact Mitchell Hauser for more information or to arrange a meeting with Kent Kalar, AKOS' CEO.