NEOS is about to launch our first project in the Rocky Mountain region. Underwriting support for a neoBASIN regional survey has been received from a long-standing customer. According to Chris Friedemann, Chief Marketing Officer and VP of Business Development… Several exploration targets exist within the survey area, including the Niobrara shale. We will be mapping …
NEOS has launched a new Eco-Assurance solution for oil & gas companies seeking additional insights related to surface and near-surface geologic conditions. Although designed for E&P companies operating in Appalachia, the Eco-Assurance solution can be implemented in almost any natural resource exploration and development setting. E&P operators in Appalachia face significant scrutiny when conducting their drilling, …
NEOS has completed Phase I of its multi-measurement project in Argentina’s Neuquen Basin, having delivered the results to the program’s underwriters (a group that included a North American supermajor). This particular survey made extensive use of hyperspectral imaging to map outcrops, detect oil seeps, identify indirect hydrocarbon indicators, and even delineate Total Organic Carbon (TOC) variations on an areal basis …
Click here or on the image above to access In the Zone, the company magazine of NEOS GeoSolutions. Developed for and distributed at the SEG annual conference, In the Zone features the technologies underpinning multi-measurement interpretation (MMI) and the applications of MMI techniques to both conventional and unconventional oil & gas plays. The inaugural edition also …
In a prior post, we explained how NEOS applies geostatistical Predictive Analytics techniques to identify the sweet spots in an unconventional shale play. In that instance, a large number of horizontal wells had been drilled into the Marcellus Shale, providing a large enough statistical sample of geo-measurements, attributes, and derivatives that could be correlated with the …
The Middle East & North Africa [MENA] region is considered to be the most influential hydrocarbon region in the world. Despite its vast reserves and production history, many underexplored and prospective areas remain. Unfortunately, these new areas present operational and geophysical imaging challenges that differ from those previous explorers faced in the region, including deeper targets, …
Twenty years ago, predictive analytics was a buzz phrase little heard by those outside of academia. Ten years ago, the concept began to emerge prominently within the financial sector, as investment managers started to leverage powerful analytical programs to assess investment alternatives given the interplay of a complex set of economic variables. Today, it is …
For the November SEG annual meeting, NEOS and Denver-based Transform Software have teamed to co-promote the applications of predictive analytics methodologies in oil & gas exploration. Given the number and sheer size of the datasets available to oil & gas geoscientists, the E&P industry is a rich area in which to apply analytically driven, multi-measurement …
NEOS has recently published a comprehensive white paper on the technologies and methodologies that form the foundation for Multi-Measurement Interpretation (MMI). Previously available only to NEOS clients, the white paper highlights MMI applications from the basement to the surface, in conventional and unconventional shale plays, and in both regional reconnaissance and pre-drill assurance situations. The MMI …
In 2011, NEOS GeoSolutions kicked off its first-ever project in Appalachia – a combined neoBASIN survey over all of Tioga County, PA and a more focused neoPROSPECTOR survey covering an ~80 sqkm patch in the southwestern part of the county. The objectives were clearly laid out by the lead underwriter, a supermajor that had previously bought …
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