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Advanced technology helps in the exploration for oil and gas.


THE days of easy oil discovery have gone forever. But Geosat, a cutting-edge technology, has come to the fore Verb 1. come to the fore - make oneself visible; take action; "Young people should step to the fore and help their peers"
come forward, step forward, step to the fore, step up, come out
, which is able to solve the industry's demands to find oil and gas faster with less costs and more precisely than anyone else.

Geosat Technology Ltd was created in 2002 by DI Michael Mumelter, the head office of the company is located in Berndorf -- close to Vienna, Austria. Geosat Technology is an international service company with a new and innovative technology, which can find oil and gas based on the evaluation of satellite and geo data. The Geosat method is not restricted to oil and gas exploration but is also applicable to finding other natural resources (such as diamonds, gold and other minerals) and even water. Geosat Technology's principal business activity is, through the application of its Innovative Exploration Method -- InnoEx -- the development of effective exploration techniques as an alternative or as an adjunct to existing seismic methods. In it the remote sensing Deriving digital models of an area on the earth. Using special cameras from airplanes or satellites, either the sun's reflections or the earth's temperature is turned into digital maps of the area.  is a procedure for the gaining of information about the earth's surface Noun 1. Earth's surface - the outermost level of the land or sea; "earthquakes originate far below the surface"; "three quarters of the Earth's surface is covered by water"
surface
 by measurement and interpretation of their outgoing (energy) fields. The multi-spectral illustration of the earth's surface is reached by non-contact observation over satellite sensors, whereby the reflected or emitted electromagnetic radiation electromagnetic radiation, energy radiated in the form of a wave as a result of the motion of electric charges. A moving charge gives rise to a magnetic field, and if the motion is changing (accelerated), then the magnetic field varies and in turn produces an  serves as storage medium. Images from remote sensing satellites have been used for geological and environmental mapping since the launch of Landsat 1 in 1972. Today, imagery covering from visible, infrared thermal and microwave section of the electromagnetic spectrum electromagnetic spectrum

Total range of frequencies or wavelengths of electromagnetic radiation. The spectrum ranges from waves of long wavelength (low frequency) to those of short wavelength (high frequency); it comprises, in order of increasing frequency (or decreasing
 are being used to support exploration and production activities. The Geosat method, which can be applied independently of geographical or political situation on the whole globe, will revolutionise the exploration of hydrocarbons. The products of Geosat Technology are maps with exact location of hydrocarbon traps. Through its mathematical methods it is able to achieve a very high resolution and detailed description of the geological structure. The principle method of the Geosat Technology is the superimposing of structural lineament lin·e·a·ment  
n.
1. A distinctive shape, contour, or line, especially of the face.

2. A definitive or characteristic feature.
 analysis, analysis of thermal infrared images and spectral analysis and incorporation of geological, litho lith·o  
n. pl. lith·os
A lithograph.


litho
Noun

pl -thos

Adjective, adv

short for lithography, lithograph,
 logical and if available also geophysical data. A special value gains the Geosat method by the possibility, to detect also other natural resources such as diamond, gold and uranium as well as the most valuable resource -- water. The technology could be used for onshore as well as for offshore exploration (shallow water See:
  • Shallow water blackout
  • Waves and shallow water
  • Shallow water equations
  • Shallow Water, Kansas
 up to maximum water depth of 200 m). The Geosat Method a cost effective, time-saving and environmental friendly alternative to the conventional exploration methods. "We reduce the risk for our customers and significantly improve the quantification of the exploration potential," says a company spokesman. Using the Geosat method and based on its results the application of further complementary technologies are used to determine accurate drilling points. Microbiological and geochemical and/or geo-electrochemical analysis combined well as with magneto magneto: see generator.
magneto

Permanent-magnet alternating generator used mainly to produce electrical current for the ignition system in various types of internal-combustion engines, such as aircraft, marine, tractor, and motorcycle engines.
 telluric telluric /tel·lu·ric/ (te-lu´rik)
1. pertaining to tellurium.

2. pertaining to or originating from the earth.


tel·lu·ric
adj.
1.
 survey over prospects determined by the Geosat method can define whether it is oil, gas or gas condensate and can also define the top of the reservoirs as well as porosity. Such surveys are rounded up by high resolution ground magnetic (HRGM). The combination of these technologies with the Geosat method is unique and will also optimise any further seismic acquisition in cost and time tremendously. In order to attain a global competitive advantage with this technology, Geosat Technology plans to expand its presence in the upcoming years from the head office in Europe to existing branches in North and South America South America, fourth largest continent (1991 est. pop. 299,150,000), c.6,880,000 sq mi (17,819,000 sq km), the southern of the two continents of the Western Hemisphere.  to Asia and Africa. Recently a contract for a large-scale project in Egypt has been signed; further projects in South America are presently discussed. At an oil and gas conference in London in March 2007 (Appex) it was stated that 55 per cent of the assumed world-wide oil and gas reserves still have not been found yet. Geosat Technology is able to find oil and gas prospects fast, economically much more effectively. Hence, the future potential is enormous.

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Publication:Oil & Gas News
Date:Dec 23, 2008
Words:667
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