SIP Awarded Major Funding for eGWM Migration
Seismic Image Processing Ltd (SIP) has been awarded a significant research grant from the Oil and Gas Technology Centre to expand the development of eGWM.
eGWM is a leading-edge, AVA compliant, one-way equation depth migration that provides significant run-time efficiency. It overcomes limitations of ray-based solutions (e.g. Kirchhoff) and is up to 30 times faster than RTM.
"eGWM represents a step change in depth imaging. We firmly believe it will replace Kirchhoff and become the standard choice for imaging and fluid studies. We welcome this funding from OGTC and the confidence in our technology".
-Jagat Deo, CEO
The OGTC was established in October 2016 with £180 million from the Aberdeen City Region Deal, with funding support from UK and Scottish Government, Aberdeen City and Shire Councils and Opportunity North East. OGTC's vision is to provide an industry led, focused, and flexible approach to deliver, accelerate, stimulate and inspire innovation. This includes a specific focus on technology that will fix today, unlock potential, and transform tomorrow for the net zero future.