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New Technology Magazine - Chasing Leaks

Chasing Leaks

New Technology Magazine is the best source for stories about new and cost-saving technologies in the upstream oil and gas industry.

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Members of New Technology Magazine gain access to the latest news, charts and reviews on oilpatch technologies and software. Not a member? Read a sample issue here.

Exploration Runner-Up - Adrok Ltd. - The Virtual Borehole

A new technology remotely identifies hydrocarbons

When it comes to wildcatting, a petroleum company can spend hundreds of millions of dollars gathering data in order to create a suite of prospective targets. But until the drill bit hits the reservoir, there’s no telling if that sweet spot is full of oil or salty water—until now, that is. “We can show if the prospect contains hydrocarbons prior to drilling,” says Gordon Stove, managing director of Adrok Ltd. “We call this virtual borehole technology.”

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