HOUSTON--(BUSINESS WIRE)--MicroSeismic, Inc. (MSI), a leading geophysical service company providing 3-D passive seismic imaging for energy exploration and production, today announced that it has been awarded its fourth contract for its Buried Array microseismic monitoring product.
MSI will install the Buried Array in the Haynesville Shale play to provide microseismic monitoring, mapping and analysis for hydraulic fracturing for the clients’ field development program. This will enable them to monitor the primary, secondary and tertiary activity, in a variety of reservoir conditions, for their Haynesville wells during the next decade.
The system applies MSI’s proprietary PSET® processing and analysis to the seismic data collected by MSI’s Buried Array as the reservoir undergoes fracture stimulation. The Buried Array is significantly less expensive to install and maintain than downhole operations and does not require the repetitive logistics that exist with downhole monitoring. An additional cost benefit with the utilization of a Buried Array is the advantage of not requiring dedicated monitoring wells, which are very expensive to drill in the Haynesville and are often negatively impacted by the high temperatures characteristic of the play.
“The reduction in oil and gas prices is causing operators to seek more effective, lower cost solutions to optimize their properties. Our clients realize the value of the critical information that can be gained from the microseismic monitoring of their frac jobs with MSI’s proprietary technology,” said Peter Duncan, Ph.D., CEO of MicroSeismic. “As a result, we are experiencing an increased demand for our buried and surface array technology and monitoring services. We now have more than 100 square miles of permanent, Buried Arrays installed in the Haynesville which will be used to monitor more than 100 wells, and we have additional arrays planned for other major shale plays.”
MSI has developed several proprietary technologies for passive seismic and has completed more than 120 projects for more than 40 domestic and international oil and gas companies. For more information visit:
www.microseismic.com.
About MicroSeismic, Inc.
MicroSeismic, Inc. is a leading provider of passive seismic and microseismic data acquisition, analysis and interpretation to the global oil & gas industry. MSI’s technology and services enable E & P operators to better manage their reservoirs, increase their production rates and decrease their completion costs and risks.
Microseismic monitoring is the practice of listening to the seismic noise emitted from a reservoir to directly detect patterns of fluid movement, fracture development, compaction or faults. Passive seismic imaging is 3-D structural imaging using existing, often naturally occurring, sound sources, rather than dynamite or vibrators. Passive seismic technology enables seismic exploration in places that are difficult to reach or environmentally sensitive.
About PSET®
Passive Seismic Emission Tomography, PSET®, utilizes a FracStar® array or a Buried Array of surface detectors to locate very low level acoustic energy emissions associated with hydrocarbon producing activities. The surface array approach has the advantage of not requiring dedicated monitor wells. There are many potential sources of seismic energy from the reservoir, all associated with specific dynamic reservoir interventions. Mapping of these energy fields can yield valuable information to optimize frac treatments and other processes.