We were pleased to attend “Mastering the subsurface through technology innovation, partnerships, and collaboration”, hosted by the US DOE and NETL, on August 13-16, 2018 in Pittsburgh. At the event our own Dr. Caleb Christenson presented “Cost Effective Optical Seismic System for Hydraulic Fracture Diagnostics” which examined the costs and challenges of obtaining accurate oil and gas reservoir dynamics using traditional downhole equipment. You can read more about Dr. Christensen’s lecture here https://www.sbir.gov/sbirsearch/detail/1332899
Today’s oil extraction rates from traditional reservoirs range from 10% to 15% for unconventional resources. Improving the quality of seismic monitoring data is critical and can increase energy extraction by as much as 25%. Discover how MagiQ GeoLite Optical Sensors are enabling cost-effective energy extraction that is both safer and simpler than Distributed Acoustic Sensing (DAS) or traditional geophone systems.