9 years ago

Silicon MicroGravity Secures $3 Million for Oil Recovery Sensor Technology

  • Silicon MicroGravity, a Cambridge, UK-based developer of sensor technology for oil companies, has secured $3 million in funding

  • The round was led by Imperial Innovations, with participation from Cambridge Enterprise and grant funding from the UK Government

  • The company intends to use the funds for technology development and a field trial in a production well scheduled for 2017

  • Silicon MicroGravity's sensors, developed in partnership with BP, can measure one billionth the level of Earth's gravity and distinguish oil from water, aiding in mitigating the potential damage of water reaching a production well.

      • ProblemEnergy

      "Oil companies struggle to distinguish oil from water deep within boreholes, leading to potentially damaging water reaching production wells, reducing efficiency and profits."

      Solution

      "Silicon MicroGravity has developed sensors that can measure one billionth the level of Earth's gravity and can be sent deep into boreholes to distinguish oil from water. These sensors help oil companies identify and track the position of water, allowing reservoir engineers to mitigate the negative impacts of water reaching production wells."

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