Spectraseis is the principal technology and service provider in the fast-emerging field of low frequency passive seismic geophysical surveys to help oil and gas companies more efficiently find and produce hydrocarbon reserves.
Spectraseis researches and applies proprietary technologies, on land and offshore, to acquire and analyze low frequency (<10 Hz) seismic background waves continuously present in the Earth’s subsurface in order to identify spectral attributes indicating the likely presence or absence of hydrocarbons within a survey area. The resulting information can greatly reduce the risk and improve the success rate of costly oil exploration and drilling activities and improve decision-making throughout the life of a field.
Broad adoption of the company's technology by the global oil and gas exploration and production industry can be expected to save billions of dollars each year which is currently expended on non-productive exploration surveys and dry wells, as well as greatly improve the industry's environmental performance.
Spectraseis was established in 2003 and is privately held. Warburg Pincus and Hydro Technology Ventures, a unit of StatoilHydro, are significant shareholders, together with the company’s management team.
Broad adoption of the company's technology by the global oil and gas exploration and production industry can be expected to save billions of dollars each year which is currently expended on non-productive exploration surveys and dry wells, as well as greatly improve the industry's environmental performance.
Spectraseis was established in 2003 and is privately held. Warburg Pincus and Hydro Technology Ventures, a unit of StatoilHydro, are significant shareholders, together with the company’s management team.
Spectraseis Overview Video