In 1921, geophysical acquisition technology which involves the generation and acquisition of seismic data to image sub-surface geology revolutionized earth science and resource exploration. Seismic technologies have come a long way since then; they now have the ability to illuminate and image complex subsurface targets at lower acquisition costs.
• Frost & Sullivan thinks that the next 10 years will be the most transformational period in the history of seismic technologies.
• Seismic technologies will serve as critical drivers that improve cost efficiency and reduce the break-even cost for all wells.
• At-bit seismic and vertical seismic profiling (VSP) enables real-time well trajectory optimization during drilling, thereby reducing dry-hole scenarios.
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