HOUSTON – Geotrace, an independent reservoir services company that provides subsurface imaging solutions to the oil and gas industry, is teaming with BP to further develop POCS (Projection Onto a Convex Set) technology for use in seismic data processing for the oil and gas industry.
“By providing missing information, POCS’ primary advantage is that it helps minimize risk in assessing a reservoir,” says Bill Schrom, CEO of Geotrace. “The technology opens doors that were previously closed by allowing geoscientists to build missing data from the information they already have.
POCS technology is commonly used in many fields where data are corrupted or missing, such as Synthetic Aperture Radar (SAR) and Magnetic Resonance Imaging (MRI).
Source: Geotrace