Advanced
Technology is the guiding force that
has steered Arcturus rapid growth through
the digital drill bit in the search
and discovery of
"Mineral Wealth"
in drilling in a
"Digital Age".
Technology
stimulates innovation, enhances efficiency,
reduces finding costs, improves safety,
safeguards the environment, enhances
productivity and buttresses "Superior
Partnership Value".
For nearly a decade, Arcturus has actively
participated in the
"Digital Revolution"
transitioning from an
"Analog Platform"
to a "Digital
Universe" through
innovative interpretation and meticulous
evaluation in computerized reservoir
modeling that has ushered in an era
of "Smart
Wells".
Seismic interpretation, depth
conversion, time migration, High resolution
3-Dimensional Imagery, calculated volumetrics,
reservoir stimulation, AVO and elastic
impedance, and stochastic and petrophysical
modeling that have culminated in reduced
risk extraction and enhanced High Impact
recoverables."
Delivering value through
real-time digital 3-D imagery and sophisticated
visualization technologies, high performance
computing and radical new drilling methods
and advanced extraction techniques,
the industry and Arcturus are positioned
to identify
and tap crude oil and natural gas resources
that are invisible to conventional techniques.
The deployment of
"Visualization Technology"
through enhanced functionality of advanced
software applications such as
SMT, Eclipse, GeoQuest and Landmark
has created stunning clarity in digital
mapping of earth-model geological trapping
features. Digital 3-D
evaluations in the amplitudes of seismic
reflections are the purest form of
"Next Generation"
9c-3D that combines both fully sourced
shear wave and compression wave seismic
in a single survey can detect subtle
changes in acoustic velocity and density
caused by variations in lithological
events in the earth's strata.
The frequency amplitude
"Bright Spots"
of a reflection can identify increased
porosity throughout the reservoir matrix
delineating hydrocarbons
"Sweet Spots"
due to acoustic impedance allowing for
surgical precision in the dissection
of subsurface pay zones. These
advances from seismic analog into digital
3-Dimensional processing tie the seismic
character to petrophysical well data
through virtual reality technology (Computerized
Geo-Modeling) required for "staying
ahead of the drill bit"
through real-time geosteering and interactive
well planning.
The innovative and disciplined application
of "Next
Generation" drilling
practices such as advanced
directional and horizontal drilling
techniques turns a well on its side,
entering the targeted reservoir matrix
on it's edge and allowing for deep penetration
of multiple pay zones that results in
multiple production opportunities.
The multiple horizontal computerized
designs that have created prevailing
industry publicity encompass a
conversion process by integrating offset
log data into digital form by determining
the optimal position point for maximum
horizontal displacement relative to
the defined target zones.
The imputed gamma ray and offset
directional survey information initiates
a correlation process that strategraphically
positions every data point on the horizontal
log.
This "Geo-Modeling"
enables our planners to calculate target
projections by computing the strategraphic
and digital survey information using
calculated steering coordinates which
can be displayed in a computerized cross
sectional model. The mechanical application
of these advanced drilling practices
utilizing technologies such as MWD,
Multi-lobe Motors, space age Composite
Metal Alloys, Diamond PDC bits, and
Gamma Ray analysis allow for a precise
centerline of penetration interlinking
a multitude of reservoir matrix designed
for maximum marketable recovery of strategic
recoverables.
These "Next Generation Technological Breakthroughs" in sophisticated digital imaging, integrated software systems and advanced drilling and recovery techniques hold the promise for lowering drilling risks and finding costs and extending the industry's reach. There are no guarantees that these technologies will be applied quickly enough to head off the possibility of petroleum shortages in the future. Exploration & Production (E&P) companies have embraced the "Digital Revolution" through reduced processing time, better quality and processing sequence of seismic data sets,
improved integrated interpretation, rapid characterization of reserve estimates, and enhanced extraction of mineral deposits. This transformation into Real-Time technologies reduce exploration and production costs, alter current risk equations, and unlocks vast reserve potentials leading the industry and Arcturus as an innovative pacesetter in enhancing "Superior Partnership Value" in the next generation of technological innovations.