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DEFE0031780

Cooperative Agreement

Overview

Grant Description
Award DE-FE0031780 project titled: "Cost effective high quality seismic monitoring of unconventional reservoirs with fiber optics"
Awardee
Magiq Technologies
Funding Goals
THE OBJECTIVE OF THIS FUNDING OPPORTUNITY ANNOUNCEMENT IS THE DEVELOPMENT OF TOOLS, METHODS, AND OR TECHNOLOGIES NEEDED TO ADDRESS CRITICAL GAPS IN THE GENERAL UNDERSTANDING OF UNCONVENTIONAL RESERVOIRS AND THEIR RESPONSE TO STIMULATION AND PRODUCTION IN ORDER TO OPTIMIZE UNCONVENTIONAL OIL AND GAS (UOG) DEVELOPMENT AND ENABLE MORE EFFICIENT AND COST-EFFECTIVE UOG RESOURCE RECOVERY; AND CHARACTERIZE EMERGING UOG PLAYS AND DEVELOP AND/OR APPLY TECHNOLOGIES THAT CAN ACCELERATE THE DEVELOPMENT OF EMERGING UOG PLAYS.
Grant Program (CFDA)
81.089 - Fossil Energy Research and Development
Awarding Agency
National Energy Technology Lab (NETL) [DOE]
Funding Agency
Office of Fossil Energy and Carbon Management (FECM) [DOE]
Place of Performance
Somerville, Massachusetts 02143-4214 United States
Geographic Scope
Single Zip Code
Related Opportunity
Advanced Technologies for Recovery of Unconventional Oil and Gas Resources (DE-FOA-0001990)
Analysis Notes
Amendment Since initial award the End Date has been extended from 04/30/20 to 08/31/24 and the total obligations have increased 159% from $1,206,549 to $3,125,000.
Magiq Technologies was awarded Cooperative Agreement DEFE0031780 worth $2,500,000 from the Office of Fossil Energy and Carbon Management in October 2019 with work to be completed primarily in Somerville Massachusetts United States. The grant has a duration of 4 years 10 months and was awarded through assistance program 81.089 Fossil Energy Research and Development. $625,000 (20.0%) of this Cooperative Agreement was funded by non-federal sources. The Cooperative Agreement was awarded through grant opportunity Advanced Technologies for Recovery of Unconventional Oil and Gas Resources.

Status
(Complete)

Last Modified 3/4/24

Period of Performance
10/1/19
Start Date
8/31/24
End Date
100% Complete

Funding Split
$2.5M
Federal Obligation
$625.0K
Non-Federal Obligation
$3.1M
Total Obligated
80.0% Federal Funding
20.0% Non-Federal Funding

Activity Timeline

Interactive chart of timeline of amendments to DEFE0031780

Transaction History

Modifications to DEFE0031780

Additional Detail

Award ID FAIN
DEFE0031780
SAI Number
None
Award ID URI
SAI EXEMPT
Awardee Classifications
For-Profit Organization (Other Than Small Business)
Awarding Office
892433 NATIONAL ENERGY TECHNOLOGY LABORATORY
Funding Office
892404 FOSSIL ENERGY
Awardee UEI
JFJDBB6KVHP4
Awardee CAGE
38KA5
Performance District
MA-07
Senators
Edward Markey
Elizabeth Warren

Budget Funding

Federal Account Budget Subfunction Object Class Total Percentage
Fossil Energy and Carbon Management, Energy Programs, Energy (089-0213) Energy supply Research and development contracts (25.5) $2,353,512 100%
Modified: 3/4/24