With 65+ years of combined experience, GEObit, HMSCinc and ISTI are joining forces to become the most competitive and fastest growing joint venture group in the seismic monitoring services industry.

Providing state-of-the-art seismic instruments, network designed, installation techniques, data monitoring and processing services, our group is able to deliver a cost effective total solution to the energy exploration & production industry, especially to the oil, gas and geothermal sector. Our key benefits are that we produce in-house hardware and software while installing and maintaining the microseismic monitoring network to ensure a high level of data quality and availability. In other words, we make the technology – we apply the technology – we offer the technology.

We have worldwide experience having installed and operated seismic networks all over the world, from Indonesia/Papua jungle to the Middle East desert, from Alaska glaciers to Himalayan Mountains. In the USA, we are currently running many dedicated microseismic monitoring projects with over 200 stations installed in the past 10 years.

If you are completing a hydraulic fracture well in a region where there is potential to induce seismicity, ISTI and Geobit can keep you from getting shut-down by using seismic monitoring to alert you as events start to appear and if they start to get larger.

“If you are completing a hydraulic fracture well in a region where there is potential to induce seismicity,” says CEO and Senior Seismologist Paul Friberg, “ISTI can help to try and prevent you from getting shut-down by using seismic monitoring to alert you as events start to appear or get larger. The insurance of monitoring is far cheaper than the cost of temporary shut-in or worse.”  ISTI positions the equipment in the field for each client.  The seismic equipment collects critical data, which is then transmitted to ISTI’s seismologists and software to model and interpret.  The team then configures and maintains continuous real-time monitoring systems.  ISTI is not new to this science by any means, boasting over 20 years real-time seismic monitoring.  Customers include some of the largest research institutions, NGOs and E&P companies doing cutting edge work.

The trend of companies strategically hiring teams of experts, such as ISTI, has grown with increasing regulations.  It is vital for those positioned in states like Oklahoma and Ohio, for example, to satisfy regulations in order to operate.  In Ohio, a seismic monitoring plan is required for any horizontal well drilled within 3 miles of either a known fault in the Precambrian basement or a seismic event greater than 2 magnitude that occurred since 1999.  Completion activities are required to stop if an event as low as 2.0M is detected, threatening their project deadlines.  600 miles away, in Oklahoma, the Oklahoma Geological Survey is meeting an anticipation of increased operations with guidelines focused on hydraulic fracturing. Mitigation procedures are required of businesses for magnitudes as low as 2.5M within 1.25 miles of hydro-fracking sites.  Companies face suspension of operations at 3.5M.

With such increased governance, penalties and even press exposure, it is in the best interest of hydraulic fracturing or waste water injection firms to gain greater intelligence on seismic activity.   ISTI’s services have already provided valuable data to operators of injection wells and producers in Colorado, Oklahoma, and Utica shale-play regions.  ISTI’s data can be monitored by any mobile device, and email or text alerts are sent when a seismic event is triggered, or equipment malfunctions. Such detection can provide operators with the knowledge necessary to help minimize risks and economical losses.  Sometimes, this can be accomplished by making simple adjustments to pumping rates and pressure that might otherwise have resulted in large scale activity. Knowing that they have made a positive difference for both the environment and for each customer’s business, ISTI staff can look back on their days’ work and feel good.

Article from the ISTI website, (www.isti.com), news section: Original link

We are proud to be an Instrumental Software Technologies, Inc. partner