Seismic imaging is a powerful lens into the subsurface. We use it to map the subsurface to find hydrocarbons when exploring, to appraise and characterize reservoirs, and to detect changes in these reservoirs over time as oil and gas are produced.
That is why we have invested in developing technologies such as ISS® and WOLFSPAR® and capabilities such as our centre for high performance computing in Houston, and is why we are recognized as the industry leader in seismic imaging.
The average recovery factor of an oilfield across the industry is just 35% – in other words, we typically leave more oil in the ground than we remove.
Enhanced oil recovery is a set of technologies that aim to increase the recovery factor by improving reservoir sweep and displacing more oil from rock at the pore-scale.
We have a solid track record of deploying DESIGNER GAS® EOR technologies, such as miscible gas and vaporisation, and DESIGNER WATER® technologies such as LOSAL® across our fields worldwide.
In wells and facilities, we aim to be competitive in several ways: by partnering with industry experts or following a first-mover with early implementation or by deploying a technology rapidly across our portfolio.
Technologies like these help us to deliver improved levels of safety, reliability and efficiency across our operations, as well as to find and recover more hydrocarbons to meet the world’s energy needs.
We are building a leadership position in unconventional gas developments, leveraging our strong position in the US Lower 48 and in our growing global portfolio – for example, in Oman and China.
Technology has been behind the breakthrough in the development of unconventional gas fields, and it continues to play a key role in making large-scale developments economically viable.
It has three parts: