INNOVATIVE SAND & WATER TECHNOLOGIES IN ONSHORE OPERATIONS

GE and Statoil have launched a new collaboration to accelerate the development of environmentally and economically sustainable energy solutions. This joint technology-focused program is aimed at driving an industrial response to some of the biggest challenges facing global oil and gas production, including flaring, CO2 and methane emissions, and water usage, while also optimizing business operations. In addition, GE Oil & Gas and Statoil are committed to catalyzing broader collaboration within and beyond the industry through open innovation. This includes active use of crowdsourcing as a channel to solicit innovative ideas to reduce the environmental footprint in oil and gas exploration, development and production.

 

GE and Statoil are seeking to reduce the impact of trucking on our communities.  Because generating energy responsibly and powering a sustainable future starts with improving today.

 

Click below to learn more about the two Topics in this Grand Challenge.

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Topic 1 - Reduced Use of Sand in Onshore Operations

Participants vie for part of a total prize pool of up to $500,000 USD available in the form of initial cash prizes and a discretionary pool of development funds. The goal of this Topic is to find technologies to reduce the amount of or replace sand required to drill and maintain productive wells.

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Topic 2 - Reduced Use of Water in Onshore Operations

Participants vie for part of a total prize pool of up to $500,000 USD available in the form of initial cash prizes and a discretionary pool of development funds. The goal of this Topic is to find a solution that will significantly reduce the volume of fresh water in onshore oil and gas operations while maintaining or improving production.

WATER TOPIC TIMELINE


SAND TOPIC TIMELINE