ViaLogy software delivers successful Wolfcamp well for US oil and gas group
10 February 2010
ViaLogy, the London listed technology group whose software is used in oilfield surveys, has reported another successful well completion, this one in the Permian Basin in Central Texas, US, under contract to Vecta Oil & Gas of Dallas. Drilled to a total depth of 8,175 feet, log analysis shows net pay from multiple zones, including stratigraphic Wolfcamp carbonates and the deeper Cisco sandstone. The well marks ViaLogy's first success for Vecta in a project that uses ViaLogy's QuantumRD® technology in difficult hydrocarbon zones in the Permian prospect. ViaLogy delivered analysis that chose the position of the well to penetrate two pay zones; the Wolfcamp carbonate formation at 5,800 feet and the Cisco Canyon sandstone formation at 7,780 feet.
Vialogy’s QuantumRD active signal processing technology is able to exploit all seismic frequencies, and to extract significantly more information from seismic data than other analytical methods. This information is used in conjunction with related well logs, coring data, and production histories in an end-to-end analysis methodology to estimate sub-surface characteristics. In the Vecta prospect, ViaLogy accurately positioned the well, predicted multiple high impedance geobody (HIG) pay zones, and their porosity - all subsequently verified by actual well logs.
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