JBA Operating’s new enhanced oil recovery and exploration technologies
Energy companies that are focused on the Austin Chalk formation in South Texas are now benefiting from the use of JBA Operating’s innovative oil and gas exploration technology.
These companies are now utilizing this satellite technology when deciding on drilling prospects and where to acquire potential acreage.
Being over 90% accurate, this technology has substantially lowered the risk of drilling. The technology has helped petroleum engineers decide which direction to drill horizontal legs as well as to see accumulation of hydrocarbons in a reservoir which in turn allowed for maximum hydrocarbon recovery of that specific reservoir.
This satellite technology has provided these energy companies with an explanation as to why their well production has decreased or why the wells just are not producing by displaying whether or not the horizontal leg was drilled inside the formation or if it was indeed drilled outside of the formation. Others benefiting from this technology include Investors deciding on which projects to invest in, future prospects, and lease bank deals.
Energy companies focused on the Austin chalk formation are one of many who are utilizing this low risk, cost effective oil and gas exploration technology.
Source: JBA Operating’