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 […]
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 […]
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 […]
Mark Wilkinson, VP Unconventionals at GroundMetrics, was invited to write a contributed article for E&P Magazine which published earlier this week. In the story, Mark does a deep-dive into everything from our technical methodology to applications in water flooding and hydraulic fracture monitoring. He addresses key questions that operators face everyday as they try […]
We’ve had a busy spring here at GroundMetrics. We hurtled passed technical milestones, some big industry big hitters joined our team, and jobs have been pouring in from clients. This week we just loaded up the truck to head out on another job.
Overall, the oil industry has been hit hard by aftershocks from the […]
The past year was full of action here at GroundMetrics. One of the developments we’re most proud of was a ground-truth case study that demonstrated that our systems can be used to directly map frac fluid. We had already been running surveys on conventional oil fields for a variety of applications, but hadn’t yet […]