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MOL NORGE AND INNOVASJON NORGE ENGAGE IN THE FURTHER DEVELOPMENT OF THE OCTIO DRILLWATCH TECHNOLOGY

MOL Norge has decided to deploy OCTIO DrillWatch technology for the upcoming exploration well 2/9-6 S in the PL617 block. DrillWatch has the potential to improve operational efficiency and safety for MOL Norge. With look-ahead measurements, DrillWatch can significantly reduce depth uncertainty of formation reflections ahead of the bit. The project has been made possible through funding from Innovasjon Norge. “The OCTIO team thanks MOL... (READ MORE)

OCTIO GRAVITUDE KICKS OFF THE 4D GRAVIMETRY SURVEY OF THE MIDGARD AND AASTA HANSTEEN FIELDS

OCTIO Gravitude has recently kicked off the offshore surveys that will acquire seabed gravity and subsidence data over the Midgard and Aasta Hansteen fields. The operation started July 1st, with the mobilization of OCTIO Gravitude’s equipment on the Subsea Havila vessel in Haugesund (Norway), and is expected to last for three weeks. Equinor uses 4D gravity and subsidence data to increase recovery rates and manage

OCTIO SECURES A MAINTENANCE CONTRACT EXTENSION WITH EQUINOR FOR WELLWATCH SYSTEM ON OSEBERG C

OCTIO has secured a one-year contract extension with Equinor to provide maintenance services for the WellWatch system on the Oseberg C platform. OCTIO deployed the WellWatch seismic cable on the seabed, and Equinor utilizes the data acquired for continuous monitoring of an injector well for the cuttings waste injection program. This monitoring ensures caprock integrity while maximizing injection rates. The benefits of a robust surveillance

OCTIO GRAVITUDE AWARDED GRAVIMETRY SURVEY FOR THE ORMEN LANGE FIELD

OCTIO Gravitude will survey the Ormen Lange field during summer 2020. Ormen Lange is the second-largest gas field in Norway and has been in production since 2007. The operation is expected to last for four weeks and will produce measurements of water depth and gravitational field at the seabed above the gas reservoir. Seabed gravimetry and subsidence measurements have been acquired every second year at

SECURE HIGH RECOVERY RATES UNDER CHALLENGING OIL PRICES WITH gWATCH

“In some fields, ocean bottom gravity and subsidence measurements are working better than seismic surveys at a fraction of the cost when it comes to reservoir monitoring,” said Hugo Ruiz, Vice President G&G at the Bergen-based company OCTIO Gravitude AS. Ruiz spoke at The Biennial Geophysical seminar 2020 hosted by Norsk Petroleumsforening (NPF). Read the full text at expronews.com .

SUPERIOR WELL NAVIGATION AND GEO-STEERING WITH OCTIO DRILLWATCH

Offshore drilling is a costly and complex operation. In order to successfully achieve well-objectives and ensure maximum value from production, operators must make timely and informed decisions throughout the drilling process. With OCTIO DrillWatch, operators can avoid costly interruptions and avoid previously unforeseen hazards through improved navigation of the drill bit. While existing methods for tracking the drill-bit during drilling suffer from uncertainties that increase

OCTIO TO UNVEIL SEISMIC-WHILE-DRILLING LOOK-AHEAD RESULTS AT THE SEG ANNUAL MEETING

Drilling operations are planned based on seismic data and reservoir models. But even when best possible data are available, faults can remain unresolved and hazardous features like karst cavities can come as a surprise. The navigation of the drill bit with respect to the reservoir itself can sometimes remind of a walk in the fog, due to uncertainties in the velocity model. OCTIO’s DrillWatch technology

GRAVITUDE’S NEW TECHNOLOGY BOOSTS THE QUALITY OF 4D OBN SEISMIC

Gravitude’s DepthWatch technology is used to determine relative seafloor depths with extreme accuracy. Thanks to recent developments that make the instrumentation even more precise and compact, DepthWatch is now available as a service for ocean bottom node (OBN) seismic campaigns. The development will be presented by Paul Hatchell (Shell) at the forthcoming SEG Conference (see the abstract here). 4D OBN surveys are performed periodically over

OCTIO GRAVITUDE OBTAINS UNPRECEDENTED DATA QUALITY AT THE SNØHVIT, ALBATROSS AND ASKELADD FIELDS

OCTIO Gravitude has surveyed this summer the Snøhvit, Albatross and Askeladd gas fields, operated by Equinor Energy AS. The survey featured the gWatch technology, the new generation of seabed gravity and subsidence instrumentation. The operation lasted for less than three weeks and was performed very efficiently and with no HSE incidents. In this type of surveys, the quality of both gravity and seafloor depth data

OCTIO TO PRESENT NEW AND EXCITING DEVELOPMENTS AT SEG 2019

Don’t miss this opportunity to get updated about recent developments in OCTIO’s technologies: DrillWatch: real-time decision support during drilling operations using a portable seabed seismic system Applications: improved geo-steering, depth control, well integrity and look-ahead gWatch: 4D gravity at the seafloor as an alternative to seismic at 10% of cost Applications: map mass redistribution in the reservoir, map reservoir depletion, quantify aquifer influx, identify compartments DepthWatch:

OCTIO GRAVITUDE EXHIBITS AT EAGE 3-6 JUNE 2019 IN LONDON

OCTIO Gravitude is proud to present our new innovation: DepthWatch for accurate node depth measurements – a game changer in terms of enhanced data quality in OBN surveys. Visit us at booth 701 to learn more about the novel DepthWatch system for seismic ocean bottom node campaigns: In addition, OCTIO provides a range of services for non-intrusive monitoring applications: Come and visit us at booth number

OCTIO GRAVITUDE GRANTED A MULTI-SEASON CONTRACT FOR MONITORING EQUINOR FIELDS USING gWATCH

Equinor Energy AS has awarded OCTIO Gravitude an exclusive contract for gravimetric monitoring on the Norwegian continental shelf. The contract has an initial duration of five years, with an option of additional four years. For these surveys, OCTIO Gravitude will be utilizing gWatch, the new generation of seabed gravimetry equipment. gWatch was introduced in 2018 for the surveys of the Ormen Lange and Aasta Hansteen

OCTIO BRINGS NEW MONITORING SOLUTIONS TO SEG 2018 IN ANAHEIM

OCTIO and Gravitude will be present at the SEG exhibition and conference in Anaheim, California, 14-19 October 2018. Come and visit us at booth 1943 and discover our new products: DepthWatch: full-field seafloor subsidence monitoring to indentify undepleted compartments and prevent geohazards gWatch: 4D gravity at the seafloor as an alternative to seismic at a 10% cost DrillWatch: real-time seismic look-ahead during well drilling, for

GRAVITUDE SURVEYS THE AASTA HANSTEEN AND ORMEN LANGE FIELDS

OCTIO Gravitude has just finished surveying the seabed at the Aasta Hansteen and Ormen Lange gas fields, operated by Equinor Energy AS and A/S Norske Shell respectively. The surveys featured the new gWatch technology, introducing for the first time the new generation of gravity sensors in an offshore application. OCTIO Gravitude’s technology allows measuring tiny changes in the gravitational field and deformations of the seabed

OCTIO PRESENTS SOLUTIONS FOR GREENER AND SAFER OIL PRODUCTION AT THE ONS EXHIBITION

OCTIO and Gravitude will be presenting solutions for a greener, safer and more efficient hydrocarbon production at the ONS exhibition and conference in Stavanger (August 27th-30th 2018). OCTIO will be one of the companies showcased at the Next Energy stand, coordinated by Innovation Norway. Please come and visit us at stand 9445, located at the Clean Energy Park in Hall 9. Don’t miss our pitch

OCTIO AND GRAVITUDE PRESENTS SMARTER MONITORING SOLUTIONS AT EAGE IN COPENHAGEN

OCTIO and Gravitude will be present at the EAGE exhibition and conference in Copenhagen, 11-14 June 2018. Come and visit us at booth 1058 and discover our new products: #DrillWatch #WellWatch #ResWatch #gWatch #DepthWatch.

OCTIO GRAVITUDE TO SURVEY THE ORMEN LANGE FIELD IN 2018

A/S Norske Shell has awarded OCTIO Gravitude a contract for surveying Ormen Lange , the second largest gas field in Norway. This will be the fourth full-coverage gravimetry and subsidence survey in the field, after those in 2012, 2014 and 2016. The 2018 survey will be performed using Gravitude’s new gWatch technology, featuring a more compact instrumentation and unprecedented data quality. Gravity and subsidence measurements

OCTIO AND GRAVITUDE ANNOUNCE APPOINTMENT OF NEW CHAIRMAN

OCTIO and Gravitude are pleased to announce the appointment of Jørgen Peter Rasmussen as Chairman of the Board. Jørgen Peter Rasmussen is a senior industry advisor in the oil and gas business, shipping technology business and IT industry. Educated as a geologist and geophysicist, he worked 26 years in Schlumberger around the world. His experience with management positions includes Vice-president in Western Geo, President and

OCTIO DRILLWATCH PROJECT COMPLETED IN THE BARENTS SEA

OCTIO has monitored a drilling operation in the Barents Sea for the operator OMV (Norge) during the summer of 2017. The operation was carried out at the Wisting field, with a water depth of 400 meters, utilizing OCTIO’s passive seismic technology. In OCTIO DrillWatch projects, our 4-component sensors continuously record seismic signals, produced either by activity in the well or by its effect on surrounding

OCTIO PRESENTS SMART RESERVOIR MONITORING SOLUTIONS IN AMSTERDAM

The First EAGE Workshop on Practical Reservoir Monitoring (Amsterdam, March 6th-9th 2017) will address opportunities for optimizing production investments through geophysical monitoring, in a challenging market context. OCTIO will present two cost-efficient monitoring solutions in two different abstracts: Real Time Offshore Monitoring: Key Learnings, Pitfalls and Potentials (E. V. Bergfjord et al.) OCTIO’s ocean bottom seismic monitoring solution is a reliable, flexible and scalable system.

OCTIO PAPERS AT SEG 2019

Thursday Oct 20, 8:30am Session PS5 Real-time microseismic monitoring in the North Sea with advanced noise removal methods Ben Dando, Kamran Iranpour, and Volker Oye, NORSAR; Sascha Bussat, Statoil; Louise Bjerrum, OCTIO More info: http://library.seg.org/doi/10.1190/segam2016-13840150.1 Speaker: Ben Dando, NORSAR Thursday Oct 20, 13:30pm Workshop 8, Optimizing Value: Non-Seismic Data in a Challenging Economic Environment 4D gravity and subsidence as cost-effective monitoring tools for offshore reservoirs

OCTIO GRAVITUDE COMPLETES ORMEN LANGE SURVEY FOR SHELL

On Monday July 11th 2016 a new monitor survey over Ormen Lange was successfully completed by OCTIO Gravitude. Both gravity changes and seafloor deformation are accurately monitored in this fields. This new survey was acquired with no recordable HSE-incidents, which adds to the company’s excellent HSE performance record.

OCTIO’S FLAWLESS SYSTEM AT OSEBERG ENABLES COST-EFFECTICE WASTE DISPOSAL

In 2014 Statoil awarded OCTIO a 6-year contract for a permanent caprock monitoring system at the Oseberg field, on the Norwegian Continental Shelf. The objective of the six-year contract was to monitor a waste-water injection well, by analyzing acoustic signals generated in the reservoir. This was the first offshore seismic system with microseismic monitoring as its main application. OCTIO is very proud to announce that

OCTIO AWARDED CONTRACT WITH STATOIL

Statoil has awarded OCTIO a contract for a permanent oilfield monitoring system (PRM) at the Oseberg field, on the Norwegian Continental Shelf. The contract has a duration of six years and has the purpose of monitoring a waste water injection well. Helge Brandsæter, President of OCTIO, says “being awarded this contract during the market introduction of OCTIO’s ReM technology is a fantastic opportunity, this will

OCTIO AS ACQUIRES GRAVITUDE AS

On August 1st 2013, OCTIO AS acquired all the shares of Gravitude AS from Statoil Technology Invest (STI). Gravitude AS was established in 2012 within Statoil to commercialize an advanced method for 4D gravimetry and seafloor deformation monitoring. Currently, the technology is used to measure mass redistribution from production in hydrocarbon reservoirs and injection of CO2 for sequestration. The methods have been used on several fields operated