Geotrace, a leading reservoir services company that provides subsurface imaging solutions to the oil and gas industry worldwide, recently was granted a patent from the U.S. Patent Office for technology related to the matching of synthetic data derived from well-log information and processes seismic data. This will contribute to Geotrace's efforts to more closely link seismic and reservoir descriptions of a client's prospect.
"Non-Linear Seismic Trace Matching to Well Logs" was granted to Geotrace and Dr. John Dubose, a senior programming geophysicist with the company, three years after being submitted.
"The patent granted to Geotrace for this innovative technology furthers Geotrace's position as a leading company in the oil and gas industry," said Dr. Jaime A. Stein, Chief Geoscientist of Geotrace. "We are continuously developing new ways for our clients to minimize risk, reduce costs and work more efficiently. This technology is just one example of our continuous effort to develop a holistic approach to the reservoir. When seismic and well-log information can be reconciled, it enhances the descriptions of the reservoirs, leading to better utilization of all resources."
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