SR2020 was purchased by OptaSense Oilfield Services. The combination of OptaSense market leading Distributed Acoustic Sensor (DAS) technology and SR2020′s leading data processing, modeling and geophysical research brings a full solution for near-field/far-field data integration for reservoir imaging, characterization and management. See the press release at http://www.optasense.com/2014/11/qinetiq-acquires-seismic-processing-and-imaging-capability-from-sr2020/
High-definition bore hole seismic, VSP and microseismic is proven to optimize reservoir management by providing information not available using competing tools, and through the use of SR2020’s ProVSP, is a compelling alternative to surface recorded 3-D seismic, deferring the costs of acquiring and processing seismic while accelerating delivery of decision-critical data. Especially for mapping small-scale reservoir details and time-lapse monitoring of fluid distribution, the technology delivers precise and accurate data to optimally produce the reservoirs. ProVSP revolutionized seismic data in the way that the smartphone revolutionized telephones – we have taken a proven tool and expanded its application to oilfield operations. SR2020 leveraged decades of experience in subsurface geophysics to develop the next generation microseismic solution, more accurate and more reliable giving operators new confidence in microseismic frac monitoring.