Quantitative seismic interpretation is about transforming seismic data, with units that are nebulous and vague at best, into physically meaningful units similar to a well log.
A Silicon Valley-based deep learning, artificial intelligence company is using artificial neural networks to help find oil and gas using geoseismic data.
The South Campeche UltracubeTM 3D seismic reprocessing project will cover a total of about 17,700 sq km.
The survey, expected to last six months, will cover roughly 12,800 sq km in exploration blocks 6, 11 and 12 off the coast of the former Portuguese colony, said Orlando Sousa Pontes, director of the petroleum agency.
A consortium comprised of PGS, TGS and Schlumberger WesternGeco has secured the rights to undertake a multiclient seismic program offshore Malaysia’s Sabah, according to a news release.
The survey, which was conduted by Polarcus, was comprised of about 785 sq km of data and targeted leads identified on 2-D legacy data. The data will now be processed and interpreted in-house, the release said.
Before deciding whether to bid, companies will want to see contract fine print that has yet to be finalized by the Mexican government, Reuters said.
At the 3-D Seismic Symposium in Denver, executives and geophysicists pointed out the potential of 3-D and ambient seismic data collection as a standard tool for asset or field development activities.
The technology transforms microseismic from a well completions evaluation tool to a predictive one.
The work includes acquiring 300 km of 2-D seismic data over the northern part of the Block III area, which is operated by Total E&P.
Savannah Petroleum has signed a framework contract with BGP Niger SARL for the provision of 2-D and 3-D land seismic acquisition services, according to a news release.
The survey is scheduled to begin in May 2016 and will run for about eight weeks, Polarcus said.