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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>

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