With oil prices lower than they’ve been in a decade, the oil industry is seeking ways to optimize its operations to achieve maximum efficiency. The Journal of Petroleum Technology explored how the price situation is driving innovation in recent article “Pressure Test for E&P Innovation.” When seeking out innovation leaders to contribute to the […]
James Cash (J.C.) Penney once said that growth is never by mere chance, but rather is the result of forces working together. And the forces behind the MetroConnect Prize (the San Diego Mayor’s office, World Trade Center, Economic Development Center, and JP Morgan Chase) have the international growth of businesses in the San Diego […]
Just weeks from now, our Houston, San Diego and Canada based teams will be hitting the road and heading to Calgary to join the fun at the AAPG Annual Convention and Exhibition (ACE) 2016, where we’ll give two presentations. This 4-day conference (June 19 – 22nd) is a one-stop shop for E&P professionals looking […]
In a few short weeks, the GroundMetrics team will be attending the annual Society of Petroleum Engineers (SPE) Improved Oil Recovery (IOR) Conference in Tulsa, Oklahoma. This 5-day conference (April 9 – 13th) is more relevant than ever as operators face increasing pressure to reduce production costs and increase efficiency. The conference is leading […]
The energy industry is continuing to struggle through an extended low prices environment, which makes it even more important for O&G professionals to take time to discover new technologies that help to optimize resources. The annual GeoConvention – held in Calgary, Alberta home of Canadian oil production and organized by the Canadian Society of Petroleum […]
Advanced monitoring technology offers hope to an industry hammered by low oil prices
SAN DIEGO, November 4th, 2015 – GroundMetrics Inc., a world-leading electromagnetic survey company and oil and gas technology pioneer, was invited to participate in Saudi Aramco Ventures’ (SAEV) Innovation Zone at the upcoming Abu Dhabi International Petroleum Exhibition & Conference (ADIPEC), November […]
First-of-a-kind project leverages advanced technology to increase oilfield production and improve efficiency
HOUSTON, October 8, 2015 – GroundMetrics Inc., a world-leading electromagnetic survey company and oil and gas technology pioneer, was awarded a contract for a CO2 Enhanced Oil Recovery (EOR) flood monitoring survey in the Frio Sands Formation.
Industry-wide, CO2 injection represents 30% of total […]
Every year, Rice University’s Alliance for Technology and Entrepreneurship hosts an Energy and Clean Technology Venture Forum. Over the past decade and a half, Rice Alliance has helped more than 250 startups raise more than half a billion dollars in early stage capital.
The annual Energy Forum is a staple for venture investors interested in […]
We’re excited to be heading to Houston for the Summer NAPE expo on August 19 and 20. This will be our fourth NAPE event and we love it more each time. The conference is a great place to re-connect with operators and help begin determining a plan for finding bypassed pay in mature fields.
VentureBeat featured GroundMetrics in an article last week about the underreported trend of startups putting high-technology to work on the oilfield. From the article itself:
Silicon Valley is a long way from Houston. Hackathon denizens seem to exist in a different universe than rough-and-ready oilfield crews. But tech startups are invading the oil business. Not only […]