NEOS in New Technology Magazine

NewTechMagazine

The rush for unconventional oil and gas resources is increasing the level of hazards faced by producers in the field. Hazards and risks could include anything from long-abandoned wellbores to shallow gas pockets, unknown faults and fractures, and the natural seepage of hydrocarbons into groundwater that may be blamed on drilling operations at some future date if baseline information is not gathered first.

NEOS GeoSolutions, Inc., a Houston-based geosciences company known primarily for its airborne neoBASIN surveys, has now adapted its expertise to a specialized survey created to deal with those concerns. Called Eco-Assurance…

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NEOS in First Break: Predictive Analytics in E&P

FirstBreakCoverNEOS GeoSolutions CEO Jim Hollis and Transform President Murray Roth co-authored a pathbreaking article in the March 2013 issue of the EAGE‘s First Break magazine in which they describe the applications for predictive analytics methodologies in oil & gas exploration and development. Click here or on the image above to download the article.

Click here to access the First Break web site.

NEOS and Transform have been thought-partnering on predictive analytics since the 2012 SEG Annual Conference and Exhibition. An interview in which Murray and NEOS VP of Exploration, Dr. Craig Beasley, discuss the applications of predictive analytics in E&P is accessible by clicking here.

NEOS Launches Eco-Assurance Offering

Appalachia FarmNEOS 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, fracing, and production activities. The Appalachian Basin is an active hydrocarbon system in which gas has been migrating towards the surface along naturally occurring faults for millions of years.

Some of this gas has become trapped in shallow structures which are very difficult to see on seismic and which E&P operators wish to avoid when drilling down to deeper reservoir targets in the Marcellus or Utica shales.

Other geo-hazards that operators want to be aware of include the location of faults in the shale intervals that can reduce the effectiveness of fracing operations and a large number of orphaned wellbores throughout the region that were drilled decades ago, often pre-dating modern record-keeping systems that noted their locations.

The Eco-Assurance solution makes use of hyperspectral, magnetic, and both passive-source and active-source electro-magnetic (EM) sensors. These geophysical measurements are acquired using both fixed-wing aircraft and helicopters and, after they are processed and interpreted, provide insights into:

  • Shallow gas geo-hazards;
  • Near-surface and reservoir-interval fault zones;
  • Orphaned wellbore locations;
  • Wetlands locations;
  • Oil seep and gas plume locations on the surface;
  • Pre-development conditions in local waterways and aquifers.

NEOS has already delivered these insights on several projects in Appalachia. In fact, one client presented their perspectives on the methodology and the value it provided at a Groundwater Protection Council (GWPC) forum last year: tinyurl.com/NEOS-GWPC.

A narrated slideshow describing NEOS’s Eco-Assurance offering is available at: tinyurl.com/NEOS-EcoAssurance.

[important]If you’re interested in discussing Eco-Assurance for your exploration, appraisal, or development program in Appalachia, please contact Carl Kincheloe using the form below.

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