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Statoil (STO) says new seismic tools will result in 30M extra barrels of oil from its Snorre and...

Statoil (STO) says new seismic tools will result in 30M extra barrels of oil from its Snorre and Grane fields. ~700 km of seismic cables, delivered by Geospace Technologies (GEOS), will be placed in trenches on the seabed on these two fields, each with large remaining reserves. STO estimates it could recover additional NOK19B worth of oil on the two fields.
Comments (2)
  • wetfeet
    , contributor
    Comments (14) | Send Message
     
    Interesting how "Doodlebugging" has advanced from the early marine ops of 1963 in the north sea and off Spitzbergen.
    13 Dec 2012, 09:49 AM Reply Like
  • JohntheOld
    , contributor
    Comments (162) | Send Message
     
    wetfeet; true enough. Seismic exploration has been a huge benefit to the energy boom. Geophone engineers; the first men on the moon!!
    13 Dec 2012, 11:55 AM Reply Like
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