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Biodentify SIGNED

Oil and Gas Exploration Made Greener and Cheaper

Total Cost €

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EC-Contrib. €

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Partnership

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 Biodentify project word cloud

Explore the words cloud of the Biodentify project. It provides you a very rough idea of what is the project "Biodentify" about.

benefit    mainstream    dna    dutch    offers    accuracy    productive    few    predicts    cm    commercial    biodentify    ecosystem    cheaper    below    shale    innovation    greener    perform    nowadays    detect    interesting    oil    argentina    surface    quantify    experiments    learning    spend    subsurface    offshore    accurate    drill    million    industry    probable    exploration    proved    analysing    staff    techniques    tested    mm3    unnecessary    citizens    gas    markets    hundreds    turnover    permanently    intrusive    wells    usa    ones    patented    company    turn    north    inefficient    solutions    correlate    medium    extremely    additionally    soil    euros    makers    period    trick    fuel    surprisingly    preserve    customers    global    microbes    society    sea    2022    policy    ftes    respects    machine    paying    source    damaged    39    avoids    companies    environmental    expensive    deeper    drilling    fossil    cumulated    shallow    times    50m    hydrocarbons   

Project "Biodentify" data sheet

The following table provides information about the project.

Coordinator
BIODENTIFY BV 

Organization address
address: DELFTECHPARK 25
city: DELFT
postcode: 2628XJ
website: n.a.

contact info
title: n.a.
name: n.a.
surname: n.a.
function: n.a.
email: n.a.
telephone: n.a.
fax: n.a.

 Coordinator Country Netherlands [NL]
 Project website https://biodentify.ai/
 Total cost 1˙767˙000 €
 EC max contribution 1˙236˙900 € (70%)
 Programme 1. H2020-EU.3. (PRIORITY 'Societal challenges)
2. H2020-EU.2.3. (INDUSTRIAL LEADERSHIP - Innovation In SMEs)
3. H2020-EU.2.1. (INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies)
 Code Call H2020-SMEInst-2018-2020-2
 Funding Scheme SME-2
 Starting year 2018
 Duration (year-month-day) from 2018-10-01   to  2020-09-30

 Partnership

Take a look of project's partnership.

# participants  country  role  EC contrib. [€] 
1    BIODENTIFY BV NL (DELFT) coordinator 1˙236˙900.00

Map

 Project objective

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 and the citizens call for 'greener' solutions, to the best possible extent. We offer an innovation that avoids unnecessary exploration drilling: our patented and tested technology predicts with high accuracy whether an O&G field will be productive by only analysing the DNA of one sample of soil of 1 mm3 at about 50 cm below the surface. The 'trick' is to correlate the microbes in the shallow soil with the presence of hydrocarbons in the deeper subsurface by means of machine learning techniques. We have proved in numerous field experiments that our method is up to three times more accurate and 100 times cheaper to perform than the mainstream ones. We have already a few paying customers but we want to reach a global commercial success. This Phase 2 project has one main goal: open up the markets the European North Sea (for offshore) and of USA and Argentina (for shale), which we have been identified as the most interesting markets for us in the short and medium term. Our project will benefit the EU in many respects: Biodentify is a Dutch company, and as a result of the activities of this project we will reach a cumulated turnover of about €50M by the end of 2022 and increase our staff to 39 FTEs in the same period. Additionally, offshore O&G in the North Sea is by far the largest source of fossil fuel of the EU and we need to preserve the North Sea ecosystem while using the resources it offers to advance our industry and society.

 Deliverables

List of deliverables.
Data report Documents, reports 2019-11-22 12:08:41
Periodic report on all commercial and dissemination activities, first period Documents, reports 2019-11-22 12:08:40

Take a look to the deliverables list in detail:  detailed list of Biodentify deliverables.

Are you the coordinator (or a participant) of this project? Plaese send me more information about the "BIODENTIFY" project.

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The information about "BIODENTIFY" are provided by the European Opendata Portal: CORDIS opendata.

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