AquaLocate provides groundwater surveys & GF6 sales & training worldwide. The GF6 seismoelectric water exploration system is limited to seeing depths of 1,500-2,000 feet which is ideal for well water exploration. PetroLocate offers oil, gas and geothermal exploration surveys and PL14 sales/training. The PL14 sees to the depths of 6-10,000 feet (depending on geology) which is needed for detection of oil, gas & geothermal reserves.
Friday, January 2, 2015
Drop in oil and gas prices give cause for more affordable & accurate
With the drop in the price of oil, the negative impact of a dry well has a much more significant financial impact that it did only six months ago. The likelihood that the price of oil will stay depressed for at least the next few quarters makes accurate exploration information much more important. The PetroLocate PL14 oil/gas exploration system cannot only improve accuracy but can also reduce the cost of exploration.