With the use of seismic imaging, BP PLC has identified more than 200 million barrels (MMbbl) of additional oil resources at its Atlantis Oil Field in the Gulf of Mexico.
Seismic imaging enables the oil giant to enhance the clarity of images it gathers during seismic surveys, especially in areas below the earth’s surface that are obstructed by complex salt structures. This means that the company will now be able to drill new wells with better accuracy.
Explaining how the company will further utilize this technology, BP CEO for global upstream business, Bernard Looney, said:
“This technological breakthrough has essentially allowed our team to find a new oil field within our existing Atlantis field. Given the overwhelming success of this project, we are now deploying this technology across BP’s global operations.”
Now, BP’s Subsurface Technical Center is applying its proprietary algorithms on seismic data for high-performance computing on its large supercomputer. With it, data that previously takes a year to be analyzed can be processed in only a few weeks. This accelerates the company’s decision-making processes for the field. According to BP’s head of upstream technology, Ahmed Hashmi, this achievement shows that BP is truly a leader in advanced seismic imaging and digital technologies.
As a result, BP is also deploying this technique in its other oil fields, such as those in Angola, Azerbaijan, and Trinidad and Tobago.