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New Technology Magazine - Back to the Future

Back to the Future

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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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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@BitumenBubble @andrew_leach Okay…now my head is starting to hurt. There is a key reason I became a journo: reduced math demands!
Friday, 17 October 2014 19:30
@andrew_leach @BitumenBubble 1 tonne=7.9 bbls of crude, 9.01 bbls of condensate. Guessing that tonne of bunker would be less than 7.9 bbls
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@andrew_leach @CBCNews @TheCdnPress @globeandmail I know…but it won't be long.
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@andrew_leach Not sure the ENGOs and some FNs care to make that distinction, Andrew.
Friday, 17 October 2014 19:04
How cool is this? OWRS2014 Jory Lamb of @VistaVu Solutions awarded @EOYPrairies by @EYCanada Look at the bottom here http://t.co/dItaD8aa4Z
Friday, 17 October 2014 16:41