Gradient JSC - is a geophysical service company, which provides the low-frequency passive seismic investigations for the petroleum exploration companies. Gradient JSC has developed the Low-Frequency Seismic Sounding (LFS) method and holds a patent for a mobile and environmentally friendly hydrocarbon prospecting technology.
Nikolay YA. Shabalin – CEO, 1946.
Ebgeniy V. Biryaltsev R&D CEO deputy, PhD, 52.
The LFS method is based on the analysis of spectral characteristics of natural seismic background noise in low-frequency (1-10Hz) range.
An analysis of the market
Since 2003 Gradient JSC gathered a positive experience in the interpretation of passive seismic data: over 100 deposits have been studied. The technology has been successfully implemented on license areas of the oil companies: Tatneft JSC , RITEK JSC , Gazpromneft JSC , Lukoil JSC , Nefteconsortium JSC, Vostokinvestneft LLC and others. Currently, 95 wells were drilled by the Low-Frequency Seismic Sounding interpretation results. 81 wells have confirmed the forecasts. The efficiency rate is more than 85 %.
Benefits of the LFS technology:
- Mobility (conducting operations in regions difficult to access).
- Efficiency – investigations on the area of 10 km2 (150-200 stations) is processed in two months: 1 month - field surveys, 1 month processing and interpretation with the presentation of the report.
- Environmental friendly - without explosives, chemicals and drilling.
$ 400 thousands.