News – Page 4 – OCTIO.COM

OCTIO Papers at SEG 2016

Thursday Oct 20, 8:30am Session PS5 Real-time microseismic monitoring in the North Sea with advanced noise removal methods Ben Dando, Kamran Iranpour, and Volker Oye, NORSAR; Sascha Bussat, Statoil; Louise Bjerrum, OCTIO More info: http://library.seg.org/doi/10.1190/segam2016-13840150.1 Speaker: Ben Dando, NORSAR Thursday Oct 20, 13:30pm Workshop 8, Optimizing Value: Non-Seismic Data in a Challenging Economic Environment 4D gravity and subsidence as cost-effective monitoring tools for offshore reservoirs

Octio Gravitude completes Ormen Lange survey for Shell

On Monday July 11th 2016 a new monitor survey over Ormen Lange was successfully completed by OCTIO Gravitude. Both gravity changes and seafloor deformation are accurately monitored in this fields. This new survey was acquired with no recordable HSE-incidents, which adds to the company’s excellent HSE performance record.

OCTIO’s flawless system at Oseberg enables cost-effective waste disposal

In 2014 Statoil awarded OCTIO a 6-year contract for a permanent caprock monitoring system at the Oseberg field, on the Norwegian Continental Shelf. The objective of the six-year contract was to monitor a waste-water injection well, by analyzing acoustic signals generated in the reservoir. This was the first offshore seismic system with microseismic monitoring as its main application. OCTIO is very proud to announce that

OCTIO awarded contract with Statoil

Statoil has awarded OCTIO a contract for a permanent oilfield monitoring system (PRM) at the Oseberg field, on the Norwegian Continental Shelf. The contract has a duration of six years and has the purpose of monitoring a waste water injection well. Helge Brandsæter, President of OCTIO, says “being awarded this contract during the market introduction of OCTIO’s ReM technology is a fantastic opportunity, this will

OCTIO AS acquires Gravitude AS

On August 1st 2013, OCTIO AS acquired all the shares of Gravitude AS from Statoil Technology Invest (STI). Gravitude AS was established in 2012 within Statoil to commercialize an advanced method for 4D gravimetry and seafloor deformation monitoring. Currently, the technology is used to measure mass redistribution from production in hydrocarbon reservoirs and injection of CO2 for sequestration. The methods have been used on several fields operated