
Every GPC project receives
intensive geological and geophysical review, engineering assessment, and
financial evaluation. The company believes that the opportunity to develop
additional value is born from the application of state-of-the-art technology.
Use of the most recent advances in seismic technology, reservoir modeling, and
well completion techniques has enabled GPC to discover and exploit oil and gas
reserves more effectively than previously possible, both onshore and in
coastal waters. Seismic techniques such as Inverse Theory, Amplitude Versus
Offset analysis (AVO), and Coherency evaluation may be employed to determine
if seismic data holds hidden clues to potential oil and gas deposits.
Horizontal drilling or specialized completion techniques are utilized to
exploit oil and gas reservoirs once considered by the industry as too small or
even too difficult to be successfully developed. These techniques are used not
only in exploration, but also to re-evaluate existing projects for previously
overlooked or bypassed oil or gas reserves. Combining and applying such proven
technologies has helped GPC to be a success in the area of marginal field
operation and development.
