Exploration & Processing - Winter 2010 - (Page 98)
ESG SOLUTIONS BY BRIAN SALGADO ESG SOLUTIONS CAN HELP OPERATING GROUPS REDUCE RISK WHILE OPTIMIZING PERFORMANCE AND SERVICES PERFECT IN A RECESSION. MICROSEISMICS MATTER W Through its remote monitoring stations, ESG’s systems are capable of operating in a variety of harsh environmental conditions. ESG Solutions offers a bevy of systems with a range of applications, with many yet to be discovered. COMPANY PROFILE ESG Solutions www.esg.ca HQ: Kingston, Ontario Employees: 60 Services: Microseismic instrumentation and services hen trying to survive a recession, risk avoidance is the name of the game. Fortunately for ESG Solutions, its proprietary microseismic monitoring systems help upstream energy companies avoid as much risk as possible in a number of areas. “With what happened with the oil price crash and the general downturn, a lot of companies started pulling back from exploration,” Marketing Director Shan Jhamandas says. “A lot of seismic companies are having tough times because these companies are scaling back on their efforts. “That’s because the conventional seismic services are more geared toward finding the oil,” Jhamandas adds. “But our services are used to avoid risk and help optimize production. They’re good to develop existing assets, so as the oil industry began to slow down, we’re positioned to be the provider of the technology to help increase recoveries from existing assets.” ESG is a worldwide leader in microseismic – also known as passive seismic – monitoring. The company was founded in 1993 based on more then 10 years of industry-sponsored research on seismic hardware, software and interpretative processes. The company boasts in-house manufacturing, engineering, software, installation and seismic processing services. This allows ESG to design, develop and manufacture all of its system components itself, leading to highly customized solutions for customers. ESG has deployed more than 300 permanent systems in mines, oilfields and structures throughout the world. Through its staff of scientists and engineers, the company possesses more than 300 years of combined experience in industrial microseismic monitoring. ESG has doubled in growth since 2007, bringing its work force from 25 to 60 as a result. Numerous Applications Besides risk management, Jhamandas says ESG Solutions has experienced substantial growth the last two years because of the technology’s many applications. In the petroleum industry specifically, ESG’s microseismic solutions can be used to image the dynamic reservoir processes occurring thousands of feet below the surface. WINTER 2010 Shan Jhamandas, director of marketing: “[Customers] can use the information we provide to make real-time adjustments to their operations, allowing them to optimize production and reduce risk.” 98 | EXPLORATION-PROCESSING.COM
Table of Contents for the Digital Edition of Exploration & Processing - Winter 2010
Exploration & Processing - Winter 2009
Preparing for an Economic Upturn
Emergency Preparedness Case Study
quasar energy group
The Crossing Co.
Discovery Drilling Contractors
Mantra Venture Group
Alaska Clean Seas
Platinum Group Metals Ltd.
TG Engineering Inc.
Abacus Mining & Exploration Corp.
Advanced Rig Services
Bell Industries Inc.
Canrig Drilling Technologies Ltd.
Equipment Maintenance Services
Galloway Oilfield Construction Ltd.
Latex Construction Co.
PC Gold Inc.
Processes Unlimited International Inc.
Global Industries Ltd.
Herman Oil Co.
Juhl Wind Inc.
MWD Services LLC
Nevada Geothermal Power Inc.
Oski Energy LLC
Powertech Uranium Corp.
Avanti Mining Inc.
BlackBrush Oil & Gas – Texstar Midstream
The Coeur d’Alenes Co.
Vibration Technology Inc.
Exploration & Processing - Winter 2010