Equinor has been granted a patent for a method of analyzing seismic data to model geological structures. This method involves creating uniform tiles from seismic data and identifying groups of these tiles to locate potential hydrocarbon deposits, aiding in well drilling decisions. GlobalData’s report on Equinor gives a 360-degree view of the company including its patenting strategy. Buy the report here.

Smarter leaders trust GlobalData

Report-cover

Data Insights Equinor ASA - Company Profile

Buy the Report

Data Insights

The gold standard of business intelligence.

Find out more

Discover B2B Marketing That Performs

Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.

Find out more

According to GlobalData’s company profile on Equinor, Oil well fracking was a key innovation area identified from patents. Equinor's grant share as of July 2024 was 53%. Grant share is based on the ratio of number of grants to total number of patents.

Method for analyzing seismic data to locate hydrocarbons

Source: United States Patent and Trademark Office (USPTO). Credit: Equinor ASA

The granted patent US12061303B2 outlines a method and system for prospecting hydrocarbons through the analysis of seismic data. The process begins with modeling a geological structure by determining a set of uniform tiles from a data cube of seismic data. These tiles can be grouped into patches based on specific criteria, such as size, shape, and regular spacing. The method further involves identifying potential hydrocarbon locations, which are then utilized in decision-making for drilling operations. The patent also includes provisions for displaying the tiles and patches, analyzing geological features, and employing machine learning techniques to enhance the analysis.

Additionally, the patent describes a computer program product and a system designed to facilitate this method. The system comprises software elements that enable the modeling of geological structures, determination of hydrocarbon locations, and initiation of drilling activities. Key components of the system may include a tile generator, an object generator for grouping tiles, and various user interfaces. The method can be partially executed on a computer system, and it may also involve conducting seismic surveys to gather the necessary data. Overall, the patent presents a comprehensive approach to improving hydrocarbon prospecting through advanced data analysis techniques.

To know more about GlobalData’s detailed insights on Equinor, buy the report here.

Data Insights

From

The gold standard of business intelligence.

Blending expert knowledge with cutting-edge technology, GlobalData’s unrivalled proprietary data will enable you to decode what’s happening in your market. You can make better informed decisions and gain a future-proof advantage over your competitors.

GlobalData

GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article.

GlobalData’s Patent Analytics tracks patent filings and grants from official offices around the world. Textual analysis and official patent classifications are used to group patents into key thematic areas and link them to specific companies across the world’s largest industries.