ESG Solutions is excited to announce that it has acquired and processed a record number of passive microseismic events in 2017. One of the reasons for this milestone, according to Shan Jhamandas, General Manager of Energy Services, is the increase in hydraulic fracturing activity across North America. Also contributing to the record number of events acquired and processed is that completions are becoming more complex and diagnostic tools are becoming more important.
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ESG Solutions, which specializes in microseismic services and technology, recently acquired Spectraseis Inc., a company on the forefront of surface-based seismic technology in Hydraulic Fracture Monitoring and Induced Seismicity Monitoring (ISM).
ESG Solutions has introduced its new Hybrid Downhole/Near-surface microseismic solution. Recent concerns surrounding the potential of oil and gas operations to induce larger magnitude events has highlighted a need to accurately detect seismicity greater than M0 in addition to small scale microseismic activity.