MicroSeismic, Inc. Licenses Transform’s TerraSuite Software
E&P Companies Working in Unconventional Plays Gain More Value From Their Microseismic Data
MicroSeismic Inc. (MSI) has contracted with Transform Software & Services to license key components of its TerraSuite™ software system for imaging unconventional gas reservoirs. Transform’s TerraSuite software will enhance MSI’s ability to deliver high-quality interpretive microseismic information to its customers working in unconventional oil and gas reservoirs. As a result, these operators will better understand the microseismic implications for their unconventional projects so they can make faster and better completion decisions. There is no additional cost to MSI customers for these enhanced services.
”This will be an important value-added service to our customers,” said Peter Duncan, MSI President. “Rather than importing raw data files into legacy interpretation systems that have not been designed for microseismic interpretation and analysis, customers can now work with MSI-provided microseismic information in Transform’s customized, interactive viewers. This will make the whole process from acquisition through analysis more efficient and the entire process will be seamless for the customer.”
Murray Roth, President of Transform Software & Services, added, “As the leader in unconventional interpretation, Transform is excited to be working with MSI, the leader in surface microseismic, and we are pleased to help streamline and enhance the microseismic value chain. Our technology was designed for the integration challenges of unconventional oil and gas plays, and that’s why seven of the ten most active unconventional operators are using Transform software to drive optimization of their fields. Already we are seeing our mutual customers benefit from MSI’s use of our software, making delivery and interpretation of microseismic information more efficient.”
Transform’s technology enables operators working in unconventional plays to extract additional value from their investment in microseismic information by integrating hydraulic fracturing characterization with geophysical, geological and various engineering information. Whether using Transform’s fault and fracture seismic attributes, to correlate with microseismic patterns or estimating stimulated reservoir volumes from microseismic distributions – unconventional operators are maximizing the value of their microseismic investment with Transform technology.
As part of the agreement, MSI’s development group will have access to Transform’s full technology suite to support experimentation with new microseismic event location techniques and integration with geomechanical and other data types.
About MicroSeismic Inc.
MicroSeismic, Inc. (MSI) is a geophysical service company providing real-time monitoring and mapping of hydraulic fracture operations for the development of unconventional oil and gas plays. Founded in 2003, MSI is the pioneer in monitoring passive microseismic activity utilizing surface arrays and permanent, near-surface arrays. These arrays eliminate the expense of offset monitoring wells, allow multi-well evaluations from a single installation, and provide the most comprehensive microseismic-based visualization and interpretation opportunity in the market. For more information visit – http://www.microseismic.com/
About Transform Software & Services
Transform Software and Services, Inc. is the leading provider of unconventional interpretation software for the E&P industry, targeting major unconventional and traditional reservoir challenges. Established in 2004, Transform has developed powerful visualization and interpretation technology spanning geophysical, geological and engineering workflows for tight-oil and gas, heavy-oil, and other unconventional reservoirs. Transform’s software suite, comprised of: TerraView, TerraFusion, and TerraMorph; integrate, automate and simplify unconventional interpretation of microseismic, tiltmeter, well log, vsp, seismic and many other E&P data types. To learn more, visit http://www.transformsw.com/.
MSI Media Contact:
Kelly Weber, Director of New Media Marketing
Transform Media Contact:
Murray Roth, President
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