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Crucible is the key initiative that provides accelerated access to oil and gas projects for new technologies from Shell Technology Ventures Fund 1 BV.
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Crucible field tests and case hardens technology to validate and quantify the value propositions for the Fund’s companies.
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Crucible invests with industry partners in a broad spectrum of prospects and projects. By owning a working interest, Crucible creates the opportunity to introduce novel, value-adding technologies to well construction and production activities while allowing the partners a first look at these techniques.
Crucible communicates closely with operators, ensuring that risk management maximizes the technology value proposition to the project. |
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Crucible has participated in three prospects and currently owns interests in four producing wells. Numerous prospect opportunities are under study.
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Crucible will continue to participate with industry partners in projects where the field testing of emerging technologies can occur.
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