HOUSTON, July 8, 2014 /PRNewswire/ -- ESG Solutions, an industry leader in microseismic technology and services, reported today that it has experienced a dramatic increase in the number of hydraulic fracture monitoring programs using multiple monitoring arrays. Encompassed under ESG's FRACMAP® microseismic hydraulic fracture monitoring services, multi-array configurations provide a number of benefits to operators in terms of improved location accuracy, better detection limits for small magnitude induced seismicity and the potential to gain further insight into fracture development and stimulation effectiveness through advanced microseismic analysis.
There is a growing trend in microseismic monitoring for applications such as hydraulic fracturing, where operators are continually looking for ways to acquire higher quality datasets and obtain greater value from their data through integration. "The end goal for operators is to gain further insight into reservoir processes in order to improve hydraulic fracture efficiencies and optimize recovery," says Ted Urbancic, Executive Vice President of Global Energy Services at ESG. "ESG's multi-array microseismic acquisition can meet both of these needs in a single, well-established solution."
Multi-array microseismic acquisition is well-known to collect higher quality microseismic datasets and has demonstrated improved processing accuracy and event location over single downhole arrays or surface arrays. Multi-array microseismic monitoring also presents an opportunity to perform advanced microseismic analysis on the datasets that are not available using traditional methods.
Desire for advanced microseismic analysis using ESG's patent-pending Seismic Moment Tensor Inversion (SMTI) Production Suite™ encompassing ESG's flow-line technology, continues to fuel company growth. "We're coming off a record-setting year and we are seeing this growth continue due to multi-array monitoring and advanced microseismic analysis," says Urbancic. "ESG always strives to be at the forefront of advancement in microseismic technology and processing, and it is incredibly rewarding to see that we continue to give clients new information that they want."
About ESG Solutions:
Founded in 1993, ESG Solutions (Engineering Seismology Group or ESG) is a pioneer and leading provider of innovative microseismic solutions for the oil and gas, mining and geotechnical industries. ESG is headquartered in Kingston (Canada), with operations in Calgary, Houston, Muscat and Beijing and sales offices in Dubai, Dallas and Bucharest.
For more information, please visit our website: www.esgsolutions.com.
Contact: [email protected]
SOURCE ESG Solutions
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