March 3, 2014
New spy technology to spawn oil revolution (James Burgess, 4 March 2014, online opinion)
The next step in technology takes us off the ground and airborne - at a much cheaper cost - according to Jen Alic, a global intelligence and energy expert for OP Tactical.The newest advancement in oil exploration is an early-phase aerial technology that can see what no other technology-including the latest 3D seismic imagery-can see, allowing explorers to pinpoint untapped reservoirs and unlock new profits, cheaper and faster."We've watched supercomputing and seismic improve for years. Our research into new airborne reservoir-pinpointing technology tells us that this is the next step in improving the bottom line in terms of exploration," Alic said."In particular, we see how explorers could reduce expensive 3D seismic spending because they would have a much smaller area pinpointed for potential. Companies could save tens of millions of dollars."The new technology, developed by Calgary's NXT Energy Solutions, has the ability to pinpoint prospective oil and gas reservoirs and to determine exactly what's still there from a plane moving at 500 kilometers an hour at an altitude of 3,000 meters.The Stress Field Detection (SFD) technology uses gravity to gather its oil and gas intelligence - it can tell different frequencies in the gravitational field deep underground.
Posted by Orrin Judd at March 3, 2014 6:55 PM
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