TITLE

What lies beneath

AUTHOR(S)
Excell, Jon
PUB. DATE
January 2005
SOURCE
Engineer (00137758);1/14/2005, Vol. 293 Issue 7666, p8
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article reports that an Edinburgh University in Edinburgh, Scotland, spin-out is poised to commercialise hydrocarbon mapping technology that could, it claimed, save the oil industry billions of dollars a year. The company, MTEM, has already received �7.4m in venture capital funding to develop a system that can pinpoint fresh sources of oil and extend the life of existing oil fields with unprecedented speed and accuracy. MTEM founder and geophysicist, Anton Ziolkowski, explained that his company's multi transient electromagnetic technology is based on a method that can determine whether deep underground reservoirs contain hydrocarbons before drilling.
ACCESSION #
15694819

 

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