“My first start-up failed”, said Bill Shea at the EAGE Annual in Vienna recently. “But, maybe it was meant to be, because the second time it went much better and look where we are now!”
The main reason why Bill saw an opportunity for what is now Sharp Reflections is the observation that a lot of seismic data is being unused because desktop computers were and are unable to handle these volumes.
Through a collaboration with German research institute Fraunhofer, which provided a native powerful high-performance computing data processing engine, and other critical partnerships, the Sharp Reflections Platform now offers a suite of post-migration processing, interpretation and data analysis tools.
“We want geophysicists to be able to slice through their seismic cube as if they were pizzas”, jokes Bill. “Only through interactively extracting and explore the amplitude evolution in a pre-stack domain delivers the answers that so many asset teams are looking for”, the CEO adds.
“We may be best known as the “Pre-Stack Company”, but it is good to be reminded that we have moved beyond that”, adds Anne Siw Uberg Berge, who is Sharp Reflection’s brand strategist.
“As part of our Foundation projects, which are essentially R&D projects in collaboration with a suite of industry partners, we have developed new approaches to automate quantitative amplitude analysis for stacked reservoirs, and are now focused on further improving our 4D quantitative interpretation capability using 4D seismic inversion and more.”
“We see a big opportunity in the current market”, concludes Bill. “With 4D being an increasingly important tool to pinpoint remaining drilling opportunities and an uptick in the acquisition of monitor surveys, there is an increasing demand for interpretation and analysis software that efficiently analyses the breadth of data being available. Our multi-dimensional analysis approach streamlines all the computations. That’s where we come in.”
