MicroSeismic acquires downhole monitoring equipment from Reservoir Imaging

1/23/2014

MicroSeismic acquires downhole monitoring equipment from Reservoir Imaging

HOUSTON -- MicroSeismic has purchased the U.S. assets of Reservoir Imaging Inc. (RII). The acquisition includes Geospace equipment, wireline units, and equipment for downhole microseismic data acquisition services. 

The new downhole acquisition capabilities are complemented by MicroSeismic’s downhole EventPick processing technology and can be used on a standalone basis or in conjunction with MicroSeismic’s surface microseismic products and services.  This combination enables MicroSeismic to offer a full suite of completions evaluation services to its customers, allowing them to optimize production through an understanding of the discrete fracture network, estimates of stimulated reservoir volume, and fracture geometry and azimuth. 

“This acquisition is a perfect complement to our current services. We will take our expertise as the leader in surface microseismic monitoring and apply it to become the technical leader in downhole services,” stated Terry Jbeili, COO for MicroSeismic.  “This added value will provide our clients the same high quality, reliable results they have come to expect from MicroSeismic.”

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