SpotLight utilizes seismic measurement technology to dynamically detect subsurface changes in CO2 storage facilities, ensuring long-term safety and integrity. This solution provides operators and regulators with high-frequency monitoring that is cost-effective and environmentally sustainable, addressing the critical need for reliable oversight in carbon storage.
Funding
$7.1M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
ETFounders
Product
Problem
Operators and regulators of CO2 storage facilities face the challenge of ensuring the long-term safety and integrity of subsurface carbon storage, requiring frequent monitoring to avoid potential leaks or structural failures. Existing monitoring solutions may lack the necessary frequency, cost-effectiveness, and environmental sustainability for continuous, long-term oversight. This creates a need for reliable and dynamic detection of subsurface changes in CO2 storage sites.
Solution
SpotLight offers a simulation-driven monitoring solution that dynamically detects subsurface changes in CO2 storage facilities using seismic measurement technology. By data-mining existing seismic data and employing a single surface seismic source/receiver pair, SpotLight provides reservoir/production engineers with a dynamic detection of subsurface changes on strategic subsurface areas. The solution focuses on high-frequency monitoring to guarantee integrity over the long term, with a limited environmental footprint and cost-effectiveness to sustain 30-60 years of monitoring. SpotLight's innovation lies in the survey design and data processing, ensuring easy acquisition with standard equipment.
Target Audience
The primary target audience includes operators and regulators of CO2 storage facilities requiring a monitoring solution to ensure the safe, long-term storage of CO2.
Features
- Dynamic detection of subsurface changes on strategic subsurface areas using seismic measurement.
- Simulation-driven monitoring solution.
- High-frequency monitoring to avoid surprises and guarantee integrity.
- Sustainable with a limited environmental footprint.
- Cost-effective for 30-60 years of monitoring.
- Easy acquisition with standard equipment.
- Consulting services for Measurement, Monitoring, and Verification (MMV) planning.
- Predictive maintenance as a service, providing data where and when it's needed.