Conoco exploration technique patented

Conoco Inc. was awarded the first in a series of pending US patents for a technique the company expects to dramatically improve exploration results in challenging areas like the Gulf of Mexico subsalt province. Geophysicists in Conoco's Seismic Imaging Technology Center in Ponca City, Okla., developed the patent, "Method for Gravity and Magnetic Data Inversion Using Vector and Tensor Data," over several years. Conoco said it applied the technique with "impressive results" to challenging areas in the gulf and on the UK Atlantic Margin.Conoco said it first developed the technique in order to explore beneath large salt bodies in the gulf. It later applied the method to similar challenge...

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