- Exponential cost savings to license data vs shooting data
- A good tool for reserve and resource estimations
- Continuation of PNG leases/licenses
- Allows technical evaluations of areas of environmental sensitivity where there are restrictions from a government point of view as well as surface landowners for acquiring new data
- No new environmental/ carbon footprint
- Quick access, as the data can be loaded onto your work station in a matter of days vs months from new data
- Reduce drilling risk of sinkholes and faults
- Reduction of strat well drilling
- Identify new drilling prospects
- Template key competitor wells and discover a seismic signature expectation
- The data can support forward models derived from key well logs
- Regional Evaluation/ context respect to the regional depositional environment
- Subcrop edge mapping, which may support MLE requirement submissions within Thermal areas
- “license it while it is available – partners change and area geophysicists move and therefore so does access to data”
- Reservoir characterization
- Target the azimuth of a horizontal well
- Improved GeoSteeringto “stay in the zone” for drilling horizontal wells
- Assessment tool for ‘triggered seismicity’ (by identifying any basement rooted faults near your hz. completion or near your disposal/injection well
- Help risk assessment for ‘containment breach’ (like caprock failure in the oil sands)
Back