BP employs new seismic imaging system to find new GoM reserves

Offshore-01Offshore | April 28, 2017 |

BP has announced what it calls “a major breakthrough in seismic imaging” that has enabled it to identify more than 200 MMbbl of additional resources at its Atlantis field in the deepwater Gulf of Mexico. As a result of this early success, BP says it is now is deploying this technique to fields elsewhere in the Gulf of Mexico as well as in Azerbaijan, Angola, and Trinidad and Tobago.

BP says that the innovation has enabled it to enhance the clarity of images that it collects during seismic surveys, particularly areas below the earth’s surface that complex salt structures previously obscured or distorted. The sharper seismic images mean that BP can drill new development wells in deepwater reservoirs with higher confidence and accuracy.

“This technological breakthrough has essentially allowed our team to find a new oil field within our existing Atlantis field,” said Bernard Looney, chief executive of BP’s global upstream business. “Given the overwhelming success of this project, we are now deploying this technology across BP’s global operations.”

Read the full story here.