Driving Global Energy
As the essential tool used throughout the energy exploration industry, geophysical surveys have been conducted extensively around the world for more than five decades and are critical in meeting the world’s growing energy demand. Advancements in geophysical surveying technology have helped find, drill, and produce oil and natural gas with the least risk and the least possible impact to the earth. As operators explore for energy resources, the use of geophysical technologies helps to reduce cost, increase safety, and minimize the impact to the environment. Energy Starts Here!
Over the last few decades, there have been significant strides in energy exploration and development efficiencies. Seismic survey technology has been one of the greatest driving forces behind the energy exploration revolution and provided some to the greatest return on investment. From the exploration phase to the first well drilled and throughout the life of the asset, seismic survey technology is making its mark across the entire lifecycle of energy exploration and development.
Modern Seismic Survey Technology Makes the Difference
Modern seismic data acquisition and processing and interpretation have literally transformed the energy industry. Together, these aspects have enabled energy explorers to more accurately pinpoint potential energy resources and extend the life of existing producing wells. Seismic survey data allows explorers to eliminate areas that would not produce hydrocarbons, preventing drilling in unproductive areas. By reducing drilling hazards and predicting underground pressure levels, survey data have successfully made wells safer.
Seismic data is not only relevant in identification of potential oil and gas resources, but is also an important data source for planning exploration and development of complex geological structures containing unconventional oil and gas resources, which include unconventional oil and natural gas include shale hydrocarbon resources. The term “unconventional” refers to the methods used and the types of rock from which the oil and natural gas are produced. Regardless of the production process or the where they come from, unconventional oil and natural gas are essentially the same as their conventional counterparts.
Modern seismic technology generates attributes that fully characterize the geology of the shale plays, including structural features, formation heterogeneity, rock properties, and stress.
Acquiring high-quality 3D seismic data on land is traditionally much more expensive than it is at sea because of the infrastructure, time, and manpower required. As technological advances have allowed for the extraction of oil and natural gas in complex geological structures, advancements in seismic technology have allowed for the discovery and identification of “tight gas” and other “sweet spot” formations which are more difficult to discover with 2D land seismic.
Seismic surveys are the cornerstone of the energy industry.