SOURCE: Microseismic, Inc.

MicroSeismic, Inc.

September 23, 2013 09:00 ET

MicroSeismic Announces PSET 5.0

High Definition Surface Microseismic

HOUSTON, TX--(Marketwired - Sep 23, 2013) - MicroSeismic, Inc. (MicroSeismic) announced today its next generation of patented Passive Seismic Emission Tomography, PSET™ 5.0. This advanced technology provides the first high definition surface microseismic service for the upstream oil and gas industry.

"Real-time monitoring of hydraulically fractured wells provides operators an understanding of fracture effectiveness including extent of the fracture network, proppant placement, treatment effectiveness and geohazard identification," stated Mike Thornton, Ph.D., CTO, MicroSeismic. "MicroSeismic's PSET 5.0 goes a step beyond by delivering high definition z-resolution across the entire well."

With this latest release, MicroSeismic also introduced controlled amplitude processing, which allows provision of true magnitude for each event. This allows operators to compare event magnitudes from well-to-well and basin-to-basin and allows for highly accurate discrete fracture networks.

In addition to high definition image processing capabilities, PSET 5.0 enables:

  • Highly accurate discrete fracture networks
  • Event focal mechanism analysis
  • True and accurate event magnitudes
  • Accurate event timing
  • A viewing area across the entire well or pad
  • Unbiased imaging
  • Calculated uncertainty for each event
  • A geo-hazard alert system accessible through any wireless device, including smart phones

MicroSeismic will present its next generation of PSET 5.0 technology at the SEG Annual Meeting in Houston, Texas on September 23-25 in booth #3030, please stop by for more information.

MicroSeismic, Inc. is an oilfield services company providing microseismic-based completions evaluation services in sixteen countries. Founded in 2003, MicroSeismic is the leading provider of microseismic monitoring activity utilizing surface, near-surface, and downhole arrays. The company continually pushes the boundaries of new technology and delivers services that allow oil and gas companies to gauge the quality of their completions, improve production, and reduce costs.
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