AUSTIN, Texas--(Business Wire)--
United States Oil and Gas Corp. (Pink Sheets: USOG) is pleased to
announce it has a patent pending on A SIMPLE FIBER-OPTIC SEISMOMETER
FOR RUGGED ENVIRONMENTS that will dramatically reduce the cost of
seismic sensor arrays having the fidelity and reliability necessary
for permanent down-hole and seafloor installations. The advancement
promises to make big oil techniques for oilfield production management
and exploration techniques available to the middle market players.
USOG plans to revolutionize "Green" oil and gas technologies with
the smallest footprint. Most heavy oil recovery schemes depend on
formation feedback information to make decisions about inputs and
production rates to optimize the oil field. Correct management of
costly secondary recovery methods could double the financial returns
on these projects. Affordable sensors are the key to bringing modern
production techniques to the oil patch.
Offshore, a seismic sensor array has to be reliable enough to be
deployed once and not need maintenance. This invention transcends the
intrinsic limitation of existing sensing seismic sensing technology by
the elimination of physical connections to remote optical fibers in
addition to a non-electric solution. The simplicity of this new device
raises opportunities for seismic sensors that have lifetimes exceeding
ten years in deepwater applications.
Advantages
-- Rapid data acquisition
-- Immediate data availability
-- Detailed subsurface information
Capabilities
-- Shear-wave-velocity measurement
-- Detailed oil and gas stratigraphic profiling
-- Evaluation of liquefaction potential
-- Vane-shear measurement
-- Conductivity/resistivity measurements
-- Discrete-gas sampling
-- Regional and site-specific stratigraphy
Applications
-- Seismic-positioning of deep sea exploration
-- Oil and Gas exploration drilling
-- Environmental-contamination prevention studies
This Press Release may contain certain forward-looking statements
within the meaning of the Private Securities Litigation Reform Act of
1995. The Company has tried, whenever possible, to identify these
forward-looking statements using words such as "anticipates",
"believes", "estimates", "expects", "plans", "intends", "potential"
and similar expressions. These statements reflect the Company's
current beliefs and are based upon information currently available to
it.
Accordingly, such forward looking statements involve known and
unknown risks, uncertainties and other factors which could cause the
Company's actual results, performance or achievements to differ
materially from those expressed in or implied by such statements. The
Company undertakes no obligation to update or advise in the event of
any change, addition or alteration to the information catered in this
Press Release including such forward-looking statements.
United States Oil and Gas Corp.
Alex Tawse, 512-690-9078
investor.relations@usaoilandgas.com
Copyright Business Wire 2008
