Annual Report 2011 - PGS
Annual Report 2011 - PGS
Annual Report 2011 - PGS
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Data Processing and Technology<br />
seismic modeling to simulate the results of<br />
a seismic survey under various source and<br />
receiver configurations. Nucleus+ is the most<br />
comprehensive planning package on the<br />
market and is widely used throughout the oil<br />
and gas industry.<br />
At <strong>PGS</strong>, the unique holoSeis visualization<br />
technology is an integral part of the complete<br />
seismic workflow — from quality control of<br />
seismic data during acquisition, to the building<br />
of complex velocity models for pre-stack depth<br />
migration and visualization of the end product<br />
for customers. <strong>PGS</strong>’ holoSeis is in daily use<br />
at Company facilities worldwide, including<br />
onboard survey vessels. More than 500<br />
holoSeis systems have been installed under<br />
license at customers’ offices and field locations.<br />
<strong>PGS</strong> holoSeis package is a preferred tool for<br />
visualization and interpretation of exceptionally<br />
large volumes of 3D seismic data<br />
Processing Technology<br />
<strong>PGS</strong> has invested considerable resources to<br />
develop and deliver efficient data processing<br />
solutions and technological differentiators to<br />
its clients. In the realm of time processing, this<br />
has included a client-rated “best in class” 3D<br />
Surface-Related Multiple Elimination (SRME).<br />
<strong>PGS</strong> has also developed a proprietary suite of<br />
multi-dimensional regularization algorithms<br />
and technologically advanced solutions for<br />
the automated selection of dense velocity<br />
fields. Optivel is one of these proprietary<br />
solutions. Optivel uses a generic algorithm<br />
to quickly provide the optimum velocity and<br />
anisotropic parameter fields for use on very<br />
dense processing grids. Development projects<br />
also focus on methods that ensure that each<br />
processing project is completed at optimum<br />
efficiency — which reinforces <strong>PGS</strong>’ value<br />
proposition of delivering outstanding quality<br />
and cost effectiveness.<br />
and down-going components and uses the data<br />
to build industry-leading velocity models which<br />
result in superior depth-migrated images. The<br />
additional signal energy in the low-frequency<br />
range also benefits full waveform inversion,<br />
an automated method to refine seismic<br />
velocity models. Additional cascaded benefits<br />
are realized in later stages involving data<br />
interpretation and reservoir characterization.<br />
Intellectual Property<br />
<strong>PGS</strong>’ patents, trademarks, service marks,<br />
copyrights and licenses protect its proprietary<br />
technology. The Company’s intellectual<br />
property rights include the Ramform TM seismic<br />
vessels, GeoStreamer ® , Multi-Transient Electro<br />
Magnetic (MTEM TM ), OptoSeis® and HD3D ®<br />
seismic solution software, <strong>PGS</strong> hyperBeam ®<br />
and GeoSource ® . The Company’s intellectual<br />
property rights collectively represent a<br />
material business asset. As of December 31,<br />
<strong>2011</strong>, <strong>PGS</strong> held 305 patents under the laws of<br />
the U.S., U.K., and Norway — an increase of<br />
52 new patents in these jurisdictions during<br />
<strong>2011</strong>. Additional patent-protected innovations<br />
help sharpen and preserve the competitive<br />
advantages achieved by <strong>PGS</strong> through<br />
technological differentiators.<br />
<strong>PGS</strong> offers GeoStreamer as an integrated<br />
acquisition and processing solution that<br />
delivers unparalleled features that differentiate<br />
the Company’s product capabilities from<br />
industry alternatives. The Company has<br />
developed proprietary technology and built<br />
up considerable know-how concerning the<br />
generation of up-going pressure wavefield<br />
data (P-UP) and full processing through to<br />
final product delivery. Workflows have been<br />
implemented to match the new generation of<br />
GeoStreamer and GeoStreamer GS survey<br />
data with non-GeoStreamer legacy data in<br />
the context of 4D processing. Full backward<br />
compatibility has been demonstrated.<br />
<strong>PGS</strong> data processing techniques have been<br />
enhanced to take full advantage of the<br />
additional low-frequency signal content of<br />
GeoStreamer GS surveys. For example, data<br />
processing separates the wave field into up-<br />
36 <strong>PGS</strong> <strong>Annual</strong> <strong>Report</strong> <strong>2011</strong>