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Biodentify has developed a technology that predicts the productivity of oil and gas fields by analyzing soil DNA samples. This method significantly reduces the need for drilling, offering a cost-effective and environmentally friendly alternative to traditional exploration techniques.
The exploration phase in the oil and gas (O&G) industry is extremely expensive and yet surprisingly inefficient.
Even the most advanced exploration techniques can at most detect the probable presence of hydrocarbons, but not quantify it. O&G companies spend hundreds of million of euros to drill wells that turn out not to have a real commercial value while the ecosystem in O&G field is permanently damaged by the intrusive methods in use nowadays.
Due to environmental concerns, the policy makers a…
BIODENTIFY BV
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