James Lowell, Research and Development DirectorEnergy companies continue to look towards revolutionary technology to help maximize their return. The first step towards a good investment starts with identifying and evaluating a potential target. One area of this understanding is fault detection. Traditionally, this method works with a substantial volume of seismic data and involves a lengthy human interpretation time (months for that matter), which directly affects the time to sanction a project. Owing to its subjective nature, interpreters’ observations can lack clarity and unanimity in terms of fault detection attribute analysis. To address the problem, Geoteric initiated a revolutionary idea of leveraging the prowess of AI in the seismic interpretation workflow.
“Geoteric isn’t just delivering AI technology; rather, we’re delivering an understanding of the Earth,” quotes James Lowell, Research and Development Director of the company. With over 30 years of experience, Geoteric has been a pioneer in developing innovative technologies that could translate geophysical information into geological understanding. Based on their proprietary AI Fault Interpretation Service, Geoteric helps geoscientists make better-informed, decisions based on seismic data.
Geoteric’s integrated intelligence platform is centered around the interpreter to improve the quality, speed, and understanding of Earth’s subsurface data using AI based workflows. The workflow is customizable, and the platform can assist in interpreting the data by accurately identifying subsurface events quickly (in a matter of hours). The AI fault interpretation service, ensures more time is available for interpreters to understand the entire structural regime and to concentrate on complex areas that require human interpretation skills. The platform can complement the traditional seismic workflow and makes it easy to effectively analyze large exploration areas, and detailed zones of production. The industry leading geological evaluation software enhances signal to noise ratio, which in turn, forms clearer and sharper images with better resolutions.
Geoteric isn’t just delivering AI technology; rather, we’re delivering an understanding of the Earth
It helps in reducing the drilling risk and in identifying any potential hazard, to avoid any negative effect on exploration or production. The platform also helps in better understanding of complex tectonics for improved planning and better risk management.
According to Wellesley Petroleum, Geoteric’s AI-Fault interpretation has an immediate impact on their subsurface understanding, enabling improvement to its well planning process. This is one of the company’s many customer success stories. Geoteric has catered to clients across the globe by leveraging deep learning to understand the behaviors, patterns, and trends within seismic data to provide a better understanding of subsurface fault interpretation. “We’re confident our service works out of the box as we have, and continue to run in-house projects over a vast range of volumes from around the globe comprised of a range of vintages and varying data quality (increasing weekly, tested on 75+ to date). However, we understand our customers want to develop and train their own networks. Networks can be trained with their own interpretation, capturing the detail of the data in their region,” adds Lowell.
With a continued focus on innovation, Geoteric solution stack is going cloud-native. The company aims to adopt emerging industry data standards and is looking forward to commercializing newer AI interpretation technologies. Expanding their workforce to cope with the demand for its new AI technologies. Geoteric is creating the future of seismic interpretation and has become a proven leader when it comes to the innovation and commercialization of data-driven, interpreter guided technologies.