New Oil Exploration Technology That is Over 95% Accurate
JBA Operating's focuses on innovative exploration technology and enhanced oil recovery technologies, is proud to announce their decision to expand their innovative oil & gas exploration technologies services outside the U.S.
Dallas, TX, November 23, 2014 --(PR.com)-- JBA Operating is expanding services in the oil and gas exploration field. With the use of technology to explore for oil and gas, the Dallas, Texas based company is capable of locating new gas and oil reserves over ninety five percent of the time.
JBA is proud to provide services in Texas and Oklahoma, and they have increased the proprietary enhanced oil recovery (EOR) portion of their business as well.
JBA Operating has been crucial to the development of new explorative technologies for the gas and oil industries. JBA technology has helped small independent oil producers make over 60 million dollars with the remote sensing technology.
The benefits of this new technology are many. With remote sensing and resistivity receivers, the process doesn’t cost businesses a lot of money to find new oil and gas reserves. Customers pay one third the cost using JBA technology than those that use typical 3D seismic surveys. The technology is ninety five percent accurate vs 3D seismic which is roughly around eighty percent accurate in finding oil.
JBA’s EOR technology created by JBA targets already drilled oil and gas wells that were abandoned because of too much water production. The neglected oilfields can still produce, but too much water resulted in a significant decrease in crude oil production. With the EOR technology in place, water production is decreased and the oil production is significantly increased.
JBA has been focused in the United States, for increasing production for oil and gas deposits with the cost-effective technology, and they are now reaching out to spread globally in Russia, Asia, Africa, South America and Venezuela to bring this new technology to countries without access to affordable ways to increase oil and gas production.
JBA is proud to provide services in Texas and Oklahoma, and they have increased the proprietary enhanced oil recovery (EOR) portion of their business as well.
JBA Operating has been crucial to the development of new explorative technologies for the gas and oil industries. JBA technology has helped small independent oil producers make over 60 million dollars with the remote sensing technology.
The benefits of this new technology are many. With remote sensing and resistivity receivers, the process doesn’t cost businesses a lot of money to find new oil and gas reserves. Customers pay one third the cost using JBA technology than those that use typical 3D seismic surveys. The technology is ninety five percent accurate vs 3D seismic which is roughly around eighty percent accurate in finding oil.
JBA’s EOR technology created by JBA targets already drilled oil and gas wells that were abandoned because of too much water production. The neglected oilfields can still produce, but too much water resulted in a significant decrease in crude oil production. With the EOR technology in place, water production is decreased and the oil production is significantly increased.
JBA has been focused in the United States, for increasing production for oil and gas deposits with the cost-effective technology, and they are now reaching out to spread globally in Russia, Asia, Africa, South America and Venezuela to bring this new technology to countries without access to affordable ways to increase oil and gas production.
Contact
JBA Operating Inc
Brandon Maloy
1 (469) 387-7234
jbaoperating.com
Contact
Brandon Maloy
1 (469) 387-7234
jbaoperating.com
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