Using 3D Seismic technology and subsurface geology we have discovered many bypassed and previously undetected reserves in well established productive areas. At one time these fields were thought to be depleted, but advanced technologies are paving the way to identify previously bypassed or inaccessible reserves allowing economic recovery of domestic oil and gas reserves. We feel that technology and the people with the expertise in using these tools are providing us the most economical approach to develop domestic oil and gas reserves .
Our scientists develop and select prospects based on advanced technology including 2D and 3D seismic interpretive tools and sophisticated sub surface geological mapping to uncover the most promising opportunities. Technological developments in reservoir imaging are largley responsible for the success of exploration and development wells and the increasing hydrocarbon recovery rates.
Domestic has acquired approximately 850 square miles of 3-D seismic Data along the rich proven hydrocarbon productive areas Onshore South Texas and Offshore Gulf Coast. The data was gathered through seismic data exchanges from independent owners, new seismic acquisitions from proprietary 3-D seismic data shoots, joint underwriting arrangements between exploration companies, seismic companies and numerous other available means. Experts skilled in the geophysical and geological sciences (G&G) are currently analyzing the data in detail to identify and develop oil and gas prospects. We are generating and selling prospects out of this data set to other industry companies as well as funding development internally and or with our Working Interest Partners. Initial finding results have been very encouraging and we expect a continous flow of propects to be generated from this data over the next 7 to 10 years.