Optimising the development of hydrocarbon deposits

Monitoring method: Low Frequency Seismic

The Situation

A feature of this area of work is a significant number of disconnected deposits, the structure of which is complicated by a large number of discontinuous faults.

The Approach

The Low Frequency Seismic methodology was utlisied in the study to estimate the halo of the distribution of the oil deposit within the area of drilled exploratory well No. 1.
The map above shows the results from the LFS survey highlighting areas of oil bearing prospects as well as the resulting wells drilled.

Results

  • According to the results of the conducted investigations, nine wells were drilled within the scope of the site. When testing wells Nos. 2-9, commercial oil inflows ranging between 100 and 190 tons/day were obtained. Well No. 10 fell into the zone of tectonic disturbance and the inflow from this well was not received.

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THIS AGREEMENT BETWEEN:

1. Tenzor Geo Ltd, a Company registered in Scotland with Company Number SC587661 and having its registered office at 31 – 33 Union Grove, Aberdeen, AB10 6SD (hereafter Tenzor Geo); and

2. [Your Company Name] of [Your Company Address] (hereafter Partner).

Tenzor Geo and Partner agree as follows:

Affiliate means in relation to either party any entity that from time to time, directly or indirectly controls, is controlled by, or is under common control with that party, or that is a successor (including, without limitation, by change of name, dissolution, merger, consolidation, reorganization, sale or other disposition) to any such entity or its business and assets. An entity will be deemed to control another entity if it has the power to direct or cause the direction of the management or policies of such entity, whether through the ownership of voting securities, by contract or otherwise.

Business Purpose means discussions relating to Tenzor Geo introduction, including but not limited to its structure, technology, processes, clients, counterparties, project, plans, etc. Group means each contracting party and its respective advisers, agents and representatives from time to time and its Affiliates and their respective advisers, agents and representatives from time to time.

Information means information in any form (including, without limitation, methodology, software and computer outputs) which is not excluded under clause 4 below, whether written or oral, of a business, financial or technical nature which is marked or otherwise indicated as being or is, or ought reasonably to be, known to be confidential and which is disclosed by one party to this Agreement (the Disclosing Party) or any member of its Group to the other party (the Receiving Party) or any member of its Group or otherwise come to its attention during the parties’ involvement in the Business Purpose. Information includes information relating to the involvement of either party’s Group in the Business Purpose.

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Partner

Authorised Signatory: [your-name] verified via email

 

Tenzor Geo Ltd

Authorised Signatory: Ivan Starostin

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    DR ROY BITRUS, PHD

    DIRECTOR OF SALES