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MicroSeismic, Inc. Announces Downhole Monitoring With EventPick Technology

Date: 04/30/2013

Company: MicroSeismic

Source: MarketWire

HOUSTON, TX–(Marketwired – Apr 30, 2013) – MicroSeismic, Inc. (MicroSeismic) announced today, EventPick™, its Downhole Monitoring Technology. The new solution has advanced p- and s-wave first arrival picking capability for hydraulic fracture mapping. EventPick provides an independent evaluation of well stimulation results in real-time for areas less suitable for surface-based microseismic acquisition.

“MicroSeismic continues to be the global leader in surface monitoring for hydraulic fracturing, but there are instances where downhole monitoring is either a complementary or preferred solution given the project specific objectives,” stated Terry Jbeili, COO, MicroSeismic. “We have been providing the downhole capability for the last five years and are proud to announce new enhancements to our solution. The technology allows customers to combine the best of both surface and downhole acquisition to accurately image event locations.”

Downhole Monitoring results help operators determine well spacing, improve fluid and proppant selection, alter pressure pumping schedules, avoid geohazards and delineate reservoir boundaries. The product can be combined with MicroSeismic’s surface acquisition products like FracStar™ and BuriedArray™ to provide the leading technology for joint downhole and surface acquisition.

Read full story at MarketWire

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