Viridien's Seismic Shift in Algeria

In the vast, sun-scorched landscapes of eastern Algeria, a seismic shift is underway. Not the kind that rumbles the earth, but one that promises to redefine how we extract the precious resources hidden beneath the surface. Viridien, the advanced technology and Earth data company, has been awarded a contract to reimage two legacy 3D seismic data sets in the Hassi Bir Rekaiz concession, a project that could unlock new reserves and extend the life of this critical oil field.

The project, spanning 2,400 square kilometers, is a testament to Viridien's technological prowess and its ability to extract more value from existing data. By reimaging datasets acquired in 2011 and 2013, Viridien aims to deliver more detailed seismic velocity modeling and improved reliability of seismic attributes. This, in turn, will provide better quantitative interpretation and enhanced fault imaging, reducing uncertainties and increasing drilling success.

The stakes are high. The Hassi Bir Rekaiz field, operated by Groupement Hassi Bir Rekaiz—a joint venture between Sonatrach and PTTEP—has only recovered 2.62% of its total recoverable reserves. The field's production is expected to peak in 2029, with operations continuing until 2053. This makes the reimaging project not just a technical challenge but a strategic imperative.

Viridien's involvement in this project is a case study in how advanced technology can drive efficiency and sustainability in the oil and gas industry. By leveraging its high-performance computing capabilities and advanced workflows, Viridien is able to process ultra-dense datasets efficiently. This not only reduces the need for costly new surveys but also aligns with the industry's push for sustainable practices. Reimaging legacy data reduces the environmental footprint compared to new surveys, a key selling point for ESG-focused clients.

However, the project is not without its risks. The technical challenges of merging legacy datasets, the geologic complexity of the region, and the tight project timeline all pose potential obstacles. Moreover, the success of the project is dependent on market and economic volatility, as well as the performance of Viridien's technology.

Despite these challenges, Viridien's involvement in the Hassi Bir Rekaiz project positions the company to capitalize on the growing demand for seismic data reimaging services. By combining technological leadership, regional expertise, and strong partnerships, Viridien is well-placed to serve operators seeking to optimize mature assets, reduce costs, and enhance reservoir understanding in critical markets like Algeria.

In conclusion, Viridien's seismic shift in Algeria is more than just a technical feat. It is a strategic move that underscores the company's commitment to innovation, sustainability, and responsible resource management. As the world continues to grapple with the challenges of energy transition, Viridien's approach offers a roadmap for how technology can be harnessed to meet these challenges head-on.