United States Oil and Gas Files Patent Pending for a Simple Fiber-Optic Seismometer
AUSTIN, Texas–(EMWNews)–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.
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.
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