Waterflood Development Program

Maintaining production from mature oil fields is a constant challenge for Saskatchewan operators, especially as conventional reservoirs age and recovery rates decline. The Waterflood Development Program was created to help address this issue by encouraging continued investment in waterflood projects that extend the productive life of existing assets. Delivered by the Government of Saskatchewan through its energy and resource ministries, the program supports oil and gas companies operating in the province that are investing in approved water injection projects.

Through this initiative, eligible companies can access non-repayable funding support to offset a portion of project costs tied to waterflood development. The program is geared toward licensed operators that have already taken steps to implement water injection as part of a regulated waterflood project and can demonstrate financial stability. By lowering the cost barrier, the program helps producers improve recovery rates, stabilize production, and make better use of existing infrastructure rather than relying solely on new drilling.

For Saskatchewan oil and gas businesses managing mature fields, the Waterflood Development Program can play a meaningful role in sustaining operations and planning longer-term production strategies. Funding amounts vary by project, and participation depends on meeting certain technical and financial requirements. Exploring the full program details through GrantHub can help determine whether this support aligns with your current or planned waterflood activities.