WIT #13 in 2011 FastTech 50

WIT made the select FastTech 50 list of fastest growing technology firms in Houston. Our 99.4% revenue growth from 2009 to 2010 elevated WIT to #13 on the list! Read here for an interview with WIT's Morgan Brown.

US Patent Issued!

US Patent 8,082,107 B2, "Methods and Computer-readable Medium to Implement Computing the Propagation Velocity of Seismic Waves", was issued to WIT for its MVFA technology on December 20, 2011.
Please view the patent document

Upcoming WIT Presentations

WIT will be presenting at the 2011 SEG convention in San Antonio. Joe Higginbotham will present "Amplitude Calibration" (4:25 pm - Wednesday - AVO 1), while Cosmin Macesanu will present "The pseudo-acoustic approximation to wave propagation in TTI media" (9:20 am - Wednesday - ANI 1).

Morgan Brown will make three (and hopefully more, as schedules firm) local SEG society luncheon presentations:

• Thursday, Sept. 8 - Southeastern Geophysical Society (New Orleans)
  
• Tuesday, Sept. 20 - Shreveport Geological Society
  
• Thursday, Apr. 12 - Denver Geophysical Society
  

Feature Article in The Leading Edge

WIT authors have published an invited paper on land PSDM and RTM in the November, 2010 The Leading Edge, the SEG's flagship publication. In the words of the editors, "As you'll see, RTM has moved beyond the realm of the easy synthetic...What's more, you'll see that RTM is moving beyond the Gulf of Mexico and invading turf usually left for more mundane imaging methods such as time migration...Higginbotham et al. demonstrate that advanced PSDM workflows are not only applicable, but probably indispensible, for successful prospecting in many onshore basins...Their field data examples show that PSDM can significantly improve the resolution of faults and steep dips, even when the lateral velocity variation is not radical."


You may download the paper here

Upcoming WIT Technical Presentations

At the 2010 GCAGS Conference in San Antonio:
"Applications of Wave Imaging Technologies to Improve Deep Gulf Coast Prospecting" -- Morgan P. Brown, Joseph H. Higginbotham, Cosmin Macesanu, and Oscar E. Ramirez
Integrated Answers in Subsurface Exploration for Shelf-to-Ultradeep Opportunities (Part 2)
Tuesday, October 12 at 2:10 PM

At the 2010 SEG Convention in Denver:
"Angle decomposition for one-way wave equation migration" -- Cosmin Macesanu*, Joseph H. Higginbotham and Morgan P. Brown
SPMI 4 -- Gathers and Imaging Conditions
Wednesday, October 20, 2010 at 8:55 AM

"Self consistent AVA determination of density, bulk modulus, and shear modulus reflectivity" -- Joseph H. Higginbotham, Morgan P. Brown, and Oscar Ramirez, Wave Imaging Technology
AVO 3 -- Applications and Case Studies II
Wednesday, October 20, 2010 at 3:35 PM

At the Coastal Bend Geophysical Society luncheon:
"Applications of wave imaging technologies to improve onshore US prospecting" -- Morgan Brown
November 17, 2010 at 11:30 AM

Feature Article in October E&P Magazine

Depth imaging for land seismic?
One Houston-based company says, “Absolutely.”

Rhonda Duey, Senior Editor

There seems to be a trend these days to take technology developed for marine seismic acquisition and processing and apply it to land. Recent examples have included a company that uses land “streamers” towed behind a truck rather than a boat and the announcement from Shell and PGS that the two companies would develop a land version of PGS’ OptoSeis fiberoptic technology.

A small company called Wave Imaging Technology (WIT) hopes to accomplish a similar move to dry land in seismic processing, using depth imaging techniques commonly applied to subsalt plays onshore, particularly in shale plays. With revenues tripling this year, it might not be a small company much longer.

Read the Full Article here

RTM webcast posted

Press "play" below for a "tutorial" on our reverse-time migration (RTM). This video is narrated by WIT's CEO, Morgan Brown, and is excerpted from a talk given by Dr. Brown at the June, 2010 Denver Geophysical Society luncheon. It puts RTM into the context of other prestack depth migration methods, describes the algorithm in a step-by-step fashion, and illustrates RTM with two field data examples (Gulf Coast salt dome and Wyoming anticline). To view this tutorial at full-size, please visit
ScreenCast.com.