May 04, 2022
Texas leads all states in oil production per barrel according to landsearch.com. That could mean amazing opportunities for those who own land in this great state AND own the mineral rights. Whether you're a landowner who just inherited a piece of property, a real estate developer who wants to sell for your next investment, or you want to get into ownership of mineral rights as another potential revenue stream, you're going to want to survey your land for the presence of oil. But you don't have to call an expensive oil exploration company or mineral rights company immediately. There is a much cheaper and less invasive approach to determine whether you should call them at all.
Seismic surveys are the primary tool of exploration for oil and gas deposits. Before I talk about the benefits of using our patented technology to pre-qualify areas to be seismic surveyed, I wanted to give you a little background on seismic:
Seismic vs. Electromagnetic Surveys
Seismic surveys are conducted by creating a shockwave on the surface of the ground using a powerful energy source such as small explosive charges or large vehicles equipped with hammering or vibrating mechanisms. The wave travels into the earth and is reflected by subsurface formations and is recorded by a series of receivers. The data received is processed over the next several weeks into 2d or 3d model maps showing subsurface formations. These maps are examined to predict where oil and gas may be trapped in sufficient quantities to justify test drilling and other exploration activities. Seismic can give an impressive, highly detailed view of the subsurface and a well prepared report is the starting point of most "new ground" oil and gas drilling projects.
The Benefits of Electromagnetic Surveys Before Seismic Surveys When Searching for Oil
I am now going to outline the benefits of using our EM Locator technology to pre-qualify areas for seismic surveys:
Cost Savings. We charge $2,000 per square mile surveyed. 3-D Seismic can run between $40,000 - $100,000 per square mile surveyed. By hiring us first, you'll have a report that you can share with oil companies or mineral rights companies highlighting the ground with the most potential for oil and gas production.
April 06, 2022