BP Expanding Use of New Tech After Billion Barrel Find -Reuters
January 18 2019 - 11:20AM
Dow Jones News
--After using a new seismic imaging technology to discover a
large deposit of oil in the Gulf of Mexico, BP intends to expand
the use of the method to fields in Angola and Brazil, Reuters
reports Friday.
--The technology led the company to find a billion barrels of
oil in an area thought to be dry, the report said.
--The software, Full Waveform Inversion, analyzes sound waves to
create 3D images of deep geological formations, the report
said.
Full story:
https://www.reuters.com/article/us-bp-seismic-focus/after-billion-barrel-bonanza-bp-goes-global-with-seismic-tech-idUSKCN1PC0HF
--Write to Stephen Nakrosis at stephen.nakrosis@wsj.com
(END) Dow Jones Newswires
January 18, 2019 12:05 ET (17:05 GMT)
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