WIT Presenting at Geophysical Society of Pittsburgh dinner meeting, Tuesday May 1, 2012

Lecture: Morgan Brown, CEO of Wave Imaging Technology Inc. will be presenting ‘Prestack Depth Migration for "Easy" Onshore Plays?’

Abstract:
Traditionally, prestack depth migration (PSDM) was considered an exotic technology, applicable only for imaging "complex" geology. Offshore subsalt imaging drives the use of the most advanced PSDM technologies, like Reverse-Time depth Migration (RTM), however, given the recent resurgence of onshore exploration, we ask: can PSDM make an impact on "easy" onshore plays? We present an unconventional oil shale case study which convincingly illustrates three key reasons for (re)considering PSDM:

1) Remove false time structures caused by lateral variations in velocity. 2) Improve focusing of dipping beds and faults. 3) Improve the accuracy of seismic attributes.

Place: Penn Brewery Restaurant
Time: 4:45 pm Social Hour, 5:45 pm Dinner, 7pm Lecture
Cost: $35

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