University spinout secures funding for next phase of Luminspheres™ reservoir surveillance project
University of Ұ spinout company Chromition has received support from the Shell GameChanger programme to progress to the next phase of the joint development programme focused on validating Chromition’s in-line tracer detection system for real-time reservoir surveillance.
This continued collaboration follows the successful completion of Phase-I of the development programme that centred on testing Luminspheres™-tracers under reservoir conditions in a laboratory setting. Phase-II of the programme will validate multicoloured Luminspheres™ tracers under flow conditions.
Chromition’s system aims to offer an unprecedentedly detailed characterisation of complex geological environments and enable real-time monitoring of fluid flow between multiple wells facilitating proactive reservoir field management.
Mark McCairn, Chromition’s Chief Executive, said: “Shell’s continued commitment is a testament to the progress achieved to date in developing Chromition’s in-line tracer detection system, which for the first time will enable remote, real-time reservoir surveillance to improve the management of subsurface resources”.
Veronica Simmonds, Commercial Innovation Partnerships Manager/GameChanger, Shell, added: “We are very pleased with the technical progress made by Chromition during Phase-I and decided to grant an approval of the results and endorsement by the Shell GameChanger Tollgate Panel to continue to Phase-II of the programme with us”.