Upcoming Events & Presentations from NEOS

With the year in full swing and several industry events around the corner, we want to remind everyone to not miss your chance to catch our own Dr. Morgan Brown – an expert in seismic depth imaging – presenting at two upcoming events. If you aren’t able to make these events, not to worry; we will upload a recording of Morgan’s presentation in the coming weeks.

2017 3D Seismic Symposium – Wednesday, February 22 in Denver

Organized by the Rocky Mountain Association of Geologists (RMAG) and the Denver Geophysical Society (DGS), this year’s symposium promises a full agenda of informational presentations focused on seismic imaging in North America. Morgan will take the stage at 10:30 AM to present a prestack depth migration case study from the Appalachian Basin/Marcellus-Utica shale.

CSEG Technical Luncheon – Monday, February 27 in Calgary

The following week, Morgan will be presenting at CSEG’s luncheon. The lunch starts at 11:30 at the Calgary Petroleum Club.

 

About Dr. Morgan Brown
Morgan is a well-known evangelist for advanced seismic processing technology including PSDM imaging. As a Geophysical Advisor in Depth Imaging at NEOS, his role includes optimizing PSDM workflows and consulting on internal PSDM projects. Morgan received a Ph.D. in Geophysics from Stanford University and a B.A. in Applied Math from Rice University.

Follow Morgan on LinkedIn

SEG Presentation: Case Study – Appalachian Basin

Case study_Appalachian Basin_SEG 2014_v2_10-24The last presentation from our SEG Presentation Series is the narrated presentation: Case Study – Appalachian Basin.

Take a few minutes to learn more about this program and how we used predictive analytics to depict the most (and least) prospective areas for leasing, drilling or further G&G study in the Marcellus shale, resulting in improved exploration cash flows.

Click here or on the slide image to view the presentation.

SEG Presentation: An Introduction to NEOS and Multi-Physics Interpretation in Oil & Gas Exploration

SEG Booth TheaterLast week, NEOS joined 350 other companies, government agencies, and research and educational institutions at the 84th Annual Meeting of the Society of Exploration Geophysicists (SEG).  NEOS exhibited from a new booth on the exhibition show floor featuring, for the first time ever, a booth theater.

Various presentations were delivered within the theater on an hourly basis during each day of the conference, providing visitors with overviews of our Multi-Measurement Interpretation (MMI) methodology, the technologies that underpin it, and the applications of MMI on various projects around the world.

In coming weeks, NEOS will be featuring narrated versions of the presentations on our blog, our web site, and various social media outlets including Facebook and LinkedIn.

Below is the first presentation in the series, an Overview of NEOS and Multi-Physics Interpretation as applied in oil & gas exploration.  You can access it by clicking here or on the image below.

SEG 101 Preso Cover

To access the NEOS events’ web page for this year’s SEG, click here.

Case Study: MMI to Predict BTU Content of Marcellus Wells

AAPGExplorer-Cover-Oct14

Out in the October AAPG Explorer – the Geophysical Review edition – an article on NEOS’ work in the Marcellus resource play over a roughly 2,500 square-mile area in northwestern Pennsylvania.

By integrating and inverting several of the non-seismic datasets, NEOS identified a high-susceptibility region within the basement, which was hypothesized to be causing differences in the rates and BTU content of Marcellus wells.

Click here (or on the image above) for the full article.

For more on NEOS’ work in the Marcellus, visit the Appalachian neoBASIN webpage.

Congrats on Your Recent Discoveries, Shell and ExxonMobil

ShellTiogaRig
A Shell Rig in Tioga County, Pennsylvania

NEOS would like to congratulate both Shell and ExxonMobil on their recently announced discoveries in the Utica (Appalachian Basin, USA) and Vaca Muerta (Neuquen Basin, Argentina) shale plays.

Both E&P operators are credited with delivering best-in-class results on wells recently drilled and completed in these unconventional plays.

In the case of Shell, two deep wells (14,500′ and 15,500′) drilled into the Utica formation in Tioga County, Pennsylvania delivered flow rates (according to Shell’s press release), “comparable to the best publicly announced thus far in the emerging Southeast Ohio Utica dry gas play.”

One of the wells had peak production of 26.5 million cubic feet per day.

By way of comparison, one of Appalachia’s largest E&P operators uses an IP of ~5 MMcf/d in their type curve for nearby Marcellus wells, so we are talking about wells that are 5x as productive as the typical well in the neighborhood!

To read the 3 SEP press release announcing Shell’s Utica gas discovery in Tioga County, click here.

To learn more about NEOS’s multi-measurement interpretation work in Tioga County, visit:

[pullquote align=”right” textalign=”left” width=”100%”]According to Shell’s Upstream Americas Director, Marvin Odum, “This discovery is the result of solid technical work in our onshore business.”[/pullquote]

 

In the case of ExxonMobil, the company announced a Vaca Muerta discovery back in May.  This particular well “flowed at an average IP (Initial Production) rate of 770 barrels of oil per day.”

Announcements by other E&P operators active in the Vaca Muerta have been made for wells with IP’s of 250-350 BOPD, making the ExxonMobil well 2-3x more productive than the typical high-performing Vaca Muerta well.

To read the 21 MAY press release announcing ExxonMobil’s Vaca Muerta discovery, click here.

To learn more about NEOS’s multi-measurement interpretation work in Neuquen Basin, visit:

[pullquote align=”right” textalign=”left” width=”100%”]From what NEOS has learned, the ExxonMobil well is the highest rate IP well ever drilled by any operator in the Vaca Muerta.[/pullquote]

 

Near Surface Geoscience – NEOS in First Break

FirstBreak_Aug2014

Given heightened environmental awareness among all key stakeholders involved in oil and gas exploration and development, generating insights about geologically associated features on the surface and in the near-surface are becoming nearly as important as insights about reservoirs themselves.

In this month’s First Break, A Multi-Physics Approach to Near-Surface Characterization Over the Marcellus Shale – a NEOS Eco-Assurance case study in support of unconventional shale development and environmentally sound E&P operations.

For more on NEOS’ Eco-Assurance solution visit our website.