OCTIO and Gravitude are pleased to announce the appointment of Jørgen Peter Rasmussen as Chairman of the Board. Jørgen Peter Rasmussen is a senior industry advisor in the oil and gas business, shipping technology business and IT industry. Educated as a geologist and geophysicist, he worked 26 years in Schlumberger around the world. His experience with management positions includes Vice-president in Western Geo, President and
OCTIO is now hiring: A software engineer to develop front-end applications for OCTIO’s Guardian package. Deadline for applications: January 15th 2018. An ICT manager. Deadline for applications: January 5th 2018. Please find more information and apply here.
OCTIO has monitored a drilling operation in the Barents Sea for the operator OMV (Norge) during the summer of 2017. The operation was carried out at the Wisting field, with a water depth of 400 meters, utilizing OCTIO’s passive seismic technology. In OCTIO DrillWatch projects, our 4-component sensors continuously record seismic signals, produced either by activity in the well or by its effect on surrounding
The First EAGE Workshop on Practical Reservoir Monitoring (Amsterdam, March 6th-9th 2017) will address opportunities for optimizing production investments through geophysical monitoring, in a challenging market context. OCTIO will present two cost-efficient monitoring solutions in two different abstracts: Real Time Offshore Monitoring: Key Learnings, Pitfalls and Potentials (E. V. Bergfjord et al.) OCTIO’s ocean bottom seismic monitoring solution is a reliable, flexible and scalable system.
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
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.
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
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
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