Photo - Minimization of upstream carbon footprint
31518

Minimization of upstream carbon footprint

Russia, Moscow region
Market: Production, Chemistry, Power Engineering
Stage of the project: Idea or something is already done

Date of last change: 05.09.2018
Min investment
$  100.000
Total required
$ 400.000
Rating
equalizer 74 из 1000
help
Calculated and estimated occupancy of the project (more about ratings)
My rating
1
2
3
4
5
6
7
8
9
10
Average rating:

Idea

During E&P production, a massive value of associated gas is being burnt and wasted. Such burning of associated gas create outburst of carbon dioxide (CO2) and leads to environmental pollution and Green House Effect. Use of wasted CO2 gives opportunity to make profit and reduce environmentally pollution.

Current Status

My project was presented to international jury members at two international competions:1. Falling Walls Lab at Skoltech where this project won 3rd place and 2. Young Vision Award 2018 competion organized by Gazpromneft international and Wintershall, project passed to final from Russian Region and Germany and I will be presented in front of international jury members and experts in October, 2018 and compete for winning place and sponsorship.

Market

Oilfield operation and service companies.

Problem or Opportunity

In order to elliminate CO2 outburst which lead to environmental pollusion and make profit from the waste I can propose utilization system based on CO2 outburst and production of pure energy.

Solution (product or service)

It helps to solve problems of negative outburst to environment during upstream drilling and make profit from non-cost effective outburst of CO2.

Competitors

Oilfield companies with concept of drive CO2 outburst back into the formation.

Advantages or differentiators

Difference from competitors in my project is based on total utilization of CO2 outburst rathar than hiding it underground and receiving profit from pollutive waste.

Finance

I plan to present my idea at many international platforms and startup events and get more professional opinion and review interest in market as nowadays most of oilfield companies are intent to adupt more environmentally friendly exploration and production ways of oil extraction. For realization of this idea I need investments and might concider cooperation on terms of interest shares.

Money will be spent on

Chemicals, lab, equipment, office, personnel.

Team or Management

Won the competition and other awards

3rd place of Falling Walls Lab competion in Skoltech
Finalist of competion Young VIsion Award 2018

Photos

Photo 1 - Minimization of upstream carbon footprint
Comments:

You need to login

5,00
1
2
3
4
5
3 voices
Log In/register
arrow_back
EN
more_horiz
close
visibility134
star2
Add to favorites
Delete from favorites
share
close
thumb_up2
Like
Unlike
Idea
Current Status
Market
Problem or Opportunity
Solution (product or service)
Competitors
Advantages or differentiators
Finance
Invested in previous rounds, $
Business model
Money will be spent on
Offer for investor
Team or Management
Mentors & Advisors
Lead investor
Risks
Incubation/Acceleration programs accomplishment
Won the competition and other awards
Invention/Patent
Photos
Product Video
Website address