SOURCE: Microseismic, Inc.

MicroSeismic, Inc.

June 26, 2012 09:01 ET

MicroSeismic, Inc. Monitored 10,000 Hydraulically Fractured Stages Since 2010

HOUSTON, TX--(Marketwire - Jun 26, 2012) - MicroSeismic, Inc. announced today a milestone achievement of monitoring over 10,000 hydraulically fractured stages since January 2010. MicroSeismic is the pioneer of surface microseismic monitoring for hydraulic fracturing and the recent groundswell in unconventional drilling is increasing the adoption of its technology.

"The experience we have gained from all our work means our customers' jobs are done right the first time; the interpretations are grounded in science, helping to improve drainage, well spacing and completion techniques," said Peter Duncan, PhD, Founder and CEO, MicroSeismic.

MicroSeismic invented and perfected both the surface-based array, (known as FracStar®) and shallow subsurface (BuriedArray™) microseismic monitoring processes. These surface acquisition methods allow customers to monitor their fracture activity across the entire field, rather than limiting them to areas with legacy downhole monitoring technology.

While the vast majority of hydraulic fracturing activity occurs in North America, MicroSeismic's 10,000 monitored fracture stages span across nine countries, including the first surface microseismic monitored wells in Poland, India, Turkey and the United Kingdom.

MicroSeismic, Inc. is an oilfield services company providing real-time monitoring and mapping of hydraulic fracture operations in unconventional oil and gas plays. Founded in 2003, MicroSeismic is the pioneer in monitoring microseismic activity utilizing surface and near-surface arrays. The company helps oil and gas companies understand how the reservoir responds to stimulation and its impact on customer economics.

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