U.K. Software pioneer Tumbling Dice Ltd has secured part of a £2m ($3.8-million CAN) fund to develop a way to transform the way shale oil and gas drilling is guided.
Daisy technology was originally designed to identify insects. Now the recognition software is being looked at to analyze soil samples.
A sample will be looked at for microfossils of “foraminifera” – tiny single-celled animals. The type of microfossils inform drilling companies of their location within the rock.
Mia Denos, co-founder Tumbling Dice
Mia Denos, one of the co-founders, said: “At present, the oil and gas firms need to station a paleontologist at their drilling operations, which is expensive and time consuming.
UK Minister for Business, Enterprise and Energy Matt Hancock said: “Unlocking the shale gas and oil that is deep underground is an opportunity to reduce carbon emissions, increase our energy security and create jobs.
(Source: The Journal U.K.)
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