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.
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.
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.
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.
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.