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Neoflow successfully concluded a multi-week testing period of our Northern Border Crude Oil Platform. The Neoflow Platform was extensively tested. The testing featured production data, in multiple formats and participation by all our Pilot Participants.
“We were pleased with the scope of the testing and the involvement of all our Pilot Participants. This is an important milestone for Neoflow as it demonstrates the scalability of our Platform," said Patrick Mandic, Neoflow’s Chief Technology Officer.
The Platform processed more than 230 million barrels of oil and issued more than 16,500 verifiable credentials during the test period. The Production Scale testing builds on the successful integration testing Neoflow conducted with the Industry and U.S. Customs and Border Protection team in the third quarter of 2023.
“The successful conclusion of the Testing is an important milestone for Neoflow as we move the Northern Border Crude Oil Module to production later this year," said Jim Oosterbaan, CEO of Neoflow. "On behalf of our team, I wanted to thank our Pilot participants for their involvement and feedback during the testing period."
About Neoflow
Neoflow Inc. is a Calgary based company, a team of digital innovators, entrepreneurs and energy industry experts. We have a common passion for transformation in the energy industry along with a common belief that the Neoflow platform will create opportunities to transform the energy value chain. To learn more about Neoflow visit our website www.neoflow.energy and follow us on LinkedIn, Twitter, and Medium.