CGGVeritas has launched a new microseismic solution based on the deployment of advanced surface and shallow buried arrays to monitor hydraulic fracture stimulation.
The unique CGGVeritas offering combines the expertise and tools of its reservoir services subsidiary, Hampson-Russell Software & Services, together with the ongoing collaboration of industry-leading microseismic technologies provider Magnitude, a subsidiary of VSFusion, the joint venture between Baker-Hughes and CGGVeritas. From inception to completion, the new microseismic solution provides modeling, analysis and interpretation together with advanced survey design; acquisition and real-time in-field processing and post-acquisition processing.
The comprehensive monitoring solution is designed to record microseismic activity occurring within the reservoir during hydraulic fracture stimulation. With real-time fracture extent and orientation monitoring, reservoir engineers can modify fracturing programs and optimize the effectiveness of the stimulation. These new capabilities, when combined with advanced 3D seismic data, provide rock property and stress field information, critical for well placement and directional drilling, enabling E&P operators to fine-tune reservoir development.
CGGVeritas microseismic services are now commercially available and CGGVeritas recently completed its first acquisition.
Stephan Midenet, Executive VP , Land, CGGVeritas, commented: “ The launch of our microseismic services reinforces our industry-leading strategy to provide advanced, fully integrated land and shallow water geophysical services that enhance our clients’ ability to safely and effectively explore, develop and produce hydrocarbons. With microseismic monitoring of hydraulic fracture stimulation, our clients can now leverage a complete set of high-end tools to optimize the life of the field which is particularly important for developing unconventional resources. These complex reservoirs require excellent subsurface imaging and integrated seismic programs are imperative for the successful delineation and cost-effective production of oil and gas. ”
About CGGVeritas
CGGVeritas is a leading international pure-play geophysical company delivering a wide range of technologies, services and equipment through Sercel, to its broad base of customers mainly throughout the global oil and gas industry.
[mappress] Source: cggveritas,May 20, 2011;