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Geospace and Quantum Subsidiary Partner with Carbon Management Canada for CCUS Passive Seismic Monitoring Research
HOUSTON--(BUSINESS WIRE)-- Geospace Technologies Corporation (NASDAQ:GEOS) with its subsidiaries Quantum Technology Sciences and Geospace Technologies Canada
About this update from Geospace Technologies Corporation
[{"type":"text","content":" HOUSTON--(BUSINESS WIRE)--\nGeospace Technologies Corporation (NASDAQ:GEOS) with its subsidiaries Quantum Technology Sciences and Geospace Technologies Canada announce a Joint Industry Partnership (JIP) with Carbon Management Canada focused on the development of carbon storage monitoring technologies. The partnership features the deployment of SADAR, a seismic acoustic detection and ranging technology originally developed by Quantum for security and surveillance applications.\n\nThis JIP will refine and validate the performance of passive seismic technologies for real-time monitoring of underground containment operations. Ensuring stored CO2 can be accurately monitored helps gas storage companies reduce their risk and increase their operational efficiencies.\n\nIndustry Leading Research in Application of Passive Seismic Monitoring\n\n“We’re excited to welcome the Geospace family of companies to our Joint Industry Project. This collaboration marks the first time that compact phased seismic arrays for carbon storage monitoring will be studied,” said Don Lawton, CMC’s Director of the Containment and Monitoring Institute and Professor Emeritus at the University of Calgary. “As the world moves forward developing large-scale CO2 storage projects, we’ll need passive seismic technologies, like the one being developed by Geospace, to monitor injection operations and help verify secure storage of the CO2.”\n\n“CMC’s 200-hectare Field Research Station is an ideal environment to evaluate SADAR’s ability to cut through noise and produce real-time results through a reduced, more flexible footprint of sensors,” said Mark Tinker, CEO of Quantum and SADAR innovator. “After more than a decade of applying SADAR to US federal government applications requiring actionable information, we are anxious to apply it to observing the seismic-acoustic expression of subsurface reservoirs experiencing the injection or extraction of fluids.”\n\nNovel Approach to Increase Flexibility and Improve Performance\n\nSADAR’s physical design and analytics enhance signal-to-noise, affording more deployment flexibility in accommodating geographic constraints. Its spatial processing improves noise and clutter rejection. The analytic, real-time processing architecture simultaneously operates in the domains of time, frequency, and space in a reductive process that ultimate...