14850
startups*
150+
corporate partners**
250+
ecosystem partners
1500
experts and mentors
*applications GenerationS 2013-2018
**partners GenerationS 2013-2018

GenerationS-2017 Finals

OilRiver, a technology to produce shale oil
OilRiver, a technology to produce shale oil
Country: Russia
City: Chanty-mansiysk
POWER&ENERGY

Acquisition of information on natural filtration channels (fissuring areas) and use of these channels in development process in order to make extraction of shale oil far more profitable. A proven drilling efficiency, profitability of shale oil extraction is achieved by multiple reduction of unprofitable wells. As a consequence, the cost of oil production decreases to $ 6 / barrel, which is a clear competitive advantage of technology applied.