1. Frame made his comments at a luncheon address on seismic drilling technology at the Westergaard Strain Micro-Cap conference in New York. 2. Improvements in the seismic technology used to spot underground pools of oil and gas have reduced the risks of exploration and with them, the cost of finding oil. 3. More sophisticated use of seismic technology has greatly reduced the failure rate, making exploration a more cost-efficient process. 4. Pitts and Setzler said independents have banded together to take advantage of new seismic technology. 5. Relatively new three-dimensional seismic technology allows oil companies to get a more accurate picture of geologic formations. 6. The three-dimensional seismic technology that essentially performs ultrasound on the earth clearly is a mixed blessing, both industry and environmental critics say. 7. Three-dimensional seismic technology is allowing oil companies to see into salt formations for the first time. 8. He said recently developed seismic technology made it possible to discern three-dimensional objects buried under sand. 9. He said recently developed seismic technology makes it possible to discern three-dimensional objects buried under sand. |