Z-Terra » Press Releases

Z-TERRA NORTH Inc. is the New Member of Z-TERRA Inc. Family

Eddie Ge — Fri, 28 Aug 2020 18:40:13 +0000

Z-Terra North Inc. is a new seismic processing company dedicated to serve the local and foreign exploration and production oil and gas markets, recently formed in Calgary, Alberta, Canada.

The new company is a subsidiary of the well-known Houston, Texas based company Z-Terra Inc. and was formed by amalgamating the processing division of Calgary’s Divestco Geosciences.

Read the full press release here >

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Divestco Inc. Closes Purchase of the Processing Division of Geo-X Systems Ltd.

Eddie Ge — Fri, 28 Aug 2020 18:33:49 +0000

DIVESTCO INC. is pleased to announce that it has closed the previously announced purchase of the Processing Division business of Calgary based Geo-X Systems Ltd. for consideration of C$11.5 million.

Read the full press release here >

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Houston Racquet Club Oil and Gas Society Speaker Series on Thursday, May 18th 2017

iulian — Thu, 11 May 2017 17:02:27 +0000

Starting Start-ups: Mistakes & Lessons Along the Road

Please join us for the Houston Racquet Club Oil and Gas Society Speaker Series on Thursday, May 18th at 6:00 pm.

We always have a crowd to hear our speakers, so please sign up as soon as possible so we can plan accordingly.

RSVP to Cristina at 713-464-4811 Ext. 125 or hrcogs@houstonracquetclub.com by Friday, May 12.

Dr. Mihai Popovici

Alexander Mihai Popovici is Chief Executive Officer and Chairman at Z-Terra Inc., a provider of state-of-the-art geophysical and geological technology, services and software for the upstream oil and gas industry. He holds Ph.D. (1995) and M.Sc. (1991) degrees in geophysics from Stanford University, and an equivalent B.S. (1985) in geophysical and geological engineering from University of Bucharest, Romania. He escaped from Romania in 1986 and spent a year in a refugee camp in Austria. Dr. Popovici was co-founder and CEO of 3DGeo Inc. Dr. Popovici’s industry experience includes work in the seismic processing research department for Halliburton Geophysical Services in Dallas and Houston, and EM acquisition and processing in Romania. From 1987 to 1983, he was employed at Guzik Technical as a staff engineer for magnetic recording and software development.

He has nine patents in the field, over 100 publications in conference proceedings, books, trade journals, and research reports and has given numerous invited talks at conferences, geophysical associations, and geophysical workshops. He has been a member of the SEG Research Committee, served as Associate Editor (Seismic Migration) for Geophysics, and is past Chairman and founding board member of Geoscientists Without Borders, an SEG Foundation program that funds humanitarian applications of geophysics around the world. Currently he serves on the SEG Foundation Development Board and is the 2017 SEG Houston Technical Program Chairman.

Popovici is active in the community; he was president of Casa Romana, a non-profit organization serving Americans of Romanian origin living in the Bay Area. He was elected to this position in 1997 and built the largest Romanian community center and church on the West Coast. Casa Romana was dedicated in 1998 by the president of Romania Emil Constantinescu. At present he is Honorary Consul of Romania in Houston.

Dr. Popovici and his wife, Catherine, have four sons and one daughter. Together with Catherine, he established an SEG scholarship endowment fund that provides scholarships to students. He is a scuba diving instructor, active fencer, and played paintball with one of the first established pro teams. Today, he mostly plays with his kids, practices karate, rock climbs, hunts, and is working on his private pilot license.

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Z-Terra Named Number Seven on Houston Business Journal’s 2016 Fast Tech 25

iulian — Tue, 04 Oct 2016 21:05:17 +0000

Z-Terra has been recognized by the Houston Business Journal as being among the top ten fastest growing companies in the 2016 Houston Fast Tech 25.

Read the original article here >

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Z-Terra Announces Filing of a Patent Application on “Specularity Gathers for Diffraction Imaging”

Administrator — Tue, 04 Nov 2014 15:42:53 +0000

(Houston, Texas) – August 12, 2013

Z-Terra, a rapidly growing provider of software and services solutions to the upstream oil and gas industry, announced today the filing of a patent application in the United States Patent and Trademark Office (USPTO) for “Specularity Gathers for Diffraction Imaging.” Z-Terra’s software helps oil and gas companies visualize 3-D Earth structures and reduces the drilling risk associated with oil and gas exploration from ever more challenging plays.

“We are pleased that our development efforts have culminated in the filing of this patent application, which will substantially extend the coverage of Z-Terra’s intellectual property estate,” said Alexander Mihai Popovici, Z-Terra’s CEO and Chairman.
“Z-Terra continues to develop novel intellectual property in the area of seismic imaging technology that is able to reduce exploration and production risks and increase recovery for conventional reservoirs as well as unconventional resources such as shale gas. Diffraction Imaging is designed to enhance the definition and resolution of oil reservoirs, and in particular the imaging of small scale fractures in shale reservoirs. High-resolution imaging of the small scale fractures in shale reservoirs like the Eagle Ford, Bakken, Utica and Woodbine in the US, and the Horn River, Montney and Utica in Canada improves the prospect characterization and pre-drill assessment of geologic conditions, improves production and recovery efficiency, reduces field development cost and decreases the environmental impact of developing the field by using fewer wells to optimally produce the reservoir. The main idea behind the patent application was conceived by Z-Terra’s Senior Scientific Developer, Ioan Sturzu.”

“The separate imaging of subsurface diffractors is a key ingredient in the development of high-resolution imaging technologies,” Sturzu said. “Specularity gathers allow us to differentiate between a specular reflection and a diffraction. Diffraction imaging, used as a complement to the structural images produced by reflection imaging, is a new super-resolution approach which allows us to image small scale faults, pinch-outs, salt flanks, reflector unconformities and in general any small scattering objects.”

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Z-Terra Brings on Director of Sales and Marketing

Administrator — Tue, 04 Nov 2014 15:40:26 +0000

(Houston, Texas) – December 1, 2012

Z-Terra, a provider of depth imaging software solutions and services to the upstream oil and gas industry, has announced Ron Boese as its new Director of Sales and Marketing. Ron Boese, a seasoned sales executive with more than 20 years in management and international sales and marketing experience, will be responsible for developing the sales team for Z-Terra. In addition, he will work to grow the business – particularly in the North and South American market – by interacting with clients and prospects about their current and future needs. Boese will also be responsible for licensing Z-Terra technology to other service providers and processing groups.

“We are delighted to have Ron Boese join the Z-Terra team,” said Dr. Alexander Mihai Popovici, Chairman and CEO. “His extensive experience in North America and international sales – with a particular knowledge base of software and service sales – will allow us to continue to grow our business inside and outside of the U.S.”

Ron Boese joins Z-Terra from Spectraseis, where he was Director of Sales for USA. There he established a sales organization for the Weinman Geoscience Division.

Mr. Boese holds a B.Sc. (1991) in Geophysical Engineering from the Colorado School of Mines. He began his career in 1991 working for Schlumberger-Geco as a seismic processor and Senior Field Geophysicist. In 1996 he joined Spectrum Geophysical as a Senior Marketing Geophysicist where he helped to grow Spectrum into one of the larger independent seismic processing companies in the industry. In 2002 Mr. Boese joined Fugro-Jason. His roles with Fugro-Jason in Houston, Texas included Sales Manager for North and South America. In 2006 Ron moved to London, England as Business Manager of the Fugro-Jason London, UK office where he hired and managed an integrated technical team of Petrophysicists, Geophysicists, Geologists and Reservoir Engineers providing seismic to simulation services and software to Southern Europe and the Netherlands. In 2009 Mr. Boese joined JOA Oil and Gas as Sales Manager for the Americas. He helped to establish the Jewel Suite Geological modeling software as a preferred tool for modeling unconventional reservoirs in the US. In 2010 the company was acquired by Baker Hughes, Inc. In 2011 Mr. Boese joined Spectraseis as Sales Director in the Houston office.

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Z-Terra Among Top Ten of 2012 Fast Tech 50

Administrator — Tue, 04 Nov 2014 15:34:23 +0000

(Las Vegas, NV)) – November 6, 2012

Z-Terra, a rapidly growing provider of software and services solutions to the upstream oil and gas industry, announced today that it has been named one of the winning companies in the 2012 FastTech 50. Founded in 2010, Z-Terra’s software helps oil and gas companies visualize 3-D earth structures and reduces the drilling risk associated with oil and gas exploration from ever more challenging plays.

“Z-Terra was founded with one over-arching goal, said Alexander Mihai Popovici, Z-Terra’s CEO and Chairman. “That was to develop the fastest depth processing system in the industry and reduce turnaround time on large seismic projects from 6-8 months to one month. Our success at achieving that goal is largely responsible for the growth that enabled us to become a FastTech 50 winner. We now have the fastest and most accurate depth imaging solutions available on the market.”

Z-Terra’s processing system is based on a combination of Smart MigrationsTM, (ultra-fast imaging algorithms that allow for very fast imaging iterations – in orders of minutes for imaging thousands of square kilometers), combined with very fast migration velocity analysis tools, including wide-azimuth tomography, in a workflow designed to optimally produce the best quality image in the shortest possible amount of time. One member of the Smart Migrations family is the Fast Beam Migration, a super-efficient algorithm that is on average 100 times faster than the industry standard Kirchhoff depth migration.

In addition to its unique technology services portfolio, Z-Terra also sells exceptional software such as its Kirchhoff migration package, which provides the fastest and strongest imaging foundation available on the market today.

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Z-Terra Named Winning Company in 2012 FastTech 50

Administrator — Tue, 04 Nov 2014 15:21:16 +0000

(Houston, Texas) – October 1, 2012

About Z-Terra
Z-Terra Z-Terra is Dr. Popovici’s second start-up. His first start-up, 3DGeo Inc., was founded in 1995 with two academic colleagues from Stanford, and he served as CEO then CTO until 2008 when 3DGeo was sold to Fusion in a merger that formed FusionGeo. 3DGeo grew from two employees in Palo Alto, California, to an international corporation with offices in Houston, Texas, Santa Clara, California, Buenos Aires, Argentina, Rio De Janeiro, Brazil, Beijing, China, and The Hague, Netherlands. In 2001, InfoWorld recognized 3DGeo as one of the Top 100 Innovative Companies. In 2007, 3DGeo won the Hart E&P Meritorious Award for Engineering Innovation. In 2008, 3DGeo, won the IEEE Spectrum Technology award. Dr. Popovici holds a Ph.D. (1995) and a M.Sc. (1991) in geophysics from Stanford University, and a B.S. equivalent (1985) in geophysical and geological engineering from University of Bucharest, Romania. Dr. Popovici’s industry experience includes work in the seismic processing research department for Halliburton Geophysical Services in Dallas and Houston, and EM acquisition and processing contracts with the University of Bucharest, Romania. He has several patents in the field, over 70 publications in conference proceedings, books, trade journals, and research reports and has given numerous invited talks at conferences, geophysical associations, and geophysical workshops. He has been a member of the SEG Research Committee since 1995, served as Associate Editor (Seismic Migration) for Geophysics, and is Chairman and founding board member of Geoscientists Without Borders, an SEG Foundation program that funds humanitarian applications of geophysics around the world. He is the Romanian Honorary Vice-Consul in Houston.

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Z-Terra Brings on President of Europe, Africa and Middle East

kari — Tue, 14 Oct 2014 16:30:09 +0000

(Houston, Texas) – October 1, 2012

Z-Terra, a provider of depth imaging software solutions and services to the upstream oil and gas industry, has announced Julian Ceha as its new President Europe, Africa and Middle East. Julian Ceha, a seasoned executive with more than 25 years in management and operations experience, will be responsible for developing the Europe, Africa and Middle East business for Z-Terra, and grow the Z-Terra group in The Hague, Netherlands.

“We are delighted to have Julian Ceha join the Z-Terra team,” said Dr. Alexander Mihai Popovici, Chairman and CEO. “His extensive experience in Europe, Africa and Middle East- with a particular knowledge base of operation, technology and management – will allow us to continue to grow our business inside and outside of the U.S.”

Julian Ceha joins Z-Terra after working as Energy Consultant (Advisor, Investor) for the oil and gas industry in The Hague. He has more than 25 years of technology and operations experience in the oilfield services industry. His global experience and international contacts have been built over many years working internationally in senior positions for Schlumberger, the world leading Oilfield Service Company.

He served as Vice President Land Acquisition and Data Processing for WesternGeco (a Schlumberger company), and has also taken on senior corporate roles as Director HR WesternGeco worldwide, based in the UK. Mr. Ceha also served as Geo-Market Manager in New Delhi, India for Schlumberger, managing the Oilfield Services in the region. He has lived and worked in Russia, India, Egypt, Kingdom of Saudi Arabia, United Kingdom, West Africa and most recently The Hague, Netherlands. Mr. Ceha joined Schlumberger as a Field Seismologist in 1987.

About Z-Terra
Z-Terra is a provider of software and service solutions for the upstream oil and gas industry. The company has developed a suite of interactive depth imaging and velocity model-building software products designed to be the fastest and most accurate depth imaging solutions in the industry.

Z-Terra’s processing system is based on a combination of Smart MigrationsTM, (ultra-fast imaging algorithms that allow for very fast imaging iterations – in orders of minutes for imaging thousands of square kilometers), combined with very fast migration velocity analysis tools, including wide-azimuth tomography, in a workflow designed to optimally produce the best quality image in the shortest possible amount of time. One member of the Smart Migrations family is the Fast Beam Migration, a super-efficient algorithm that is on average two orders of magnitude faster than the industry standard Kirchhoff depth migration.

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Z-Terra launches 3D Kirchhoff depth & time migration

Administrator — Tue, 07 Oct 2014 02:29:13 +0000

HOUSTON, Texas -October 31, 2011

Z-Terra Inc., a provider of depth imaging software and services for oil and gas exploration, has launched ZTK version 2.0, the company’s breakthrough implementation of the three-dimensional Kirchhoff depth and time migration for seismic imaging.

ZTK images seismic data by solving the wave equation with a boundary integral method. The acoustic reflectivity at every point of the Earth’s interior is computed by summing the recorded data on multidimensional surfaces; the shape of the summation surfaces and the summation weights are computed from the Green’s functions of the single scattering wave propagation experiment.

“We want to have the best Kirchhoff Prestack Time and Depth Migration product in the industry in terms of features, speed and accuracy of results. And the price is very reasonable. Our Kirchhoff scales up to tens of thousands of CPUs and is very stable. It can generate migrated stacked volumes, grid targets with offset gathers, offset gathers on a sparse grid or on a completely populated image grid” said Dr. Alexander Mihai Popovici, Chairman and CEO.“The input data requirements for this application are fully preprocessed time traces in any order and a velocity model. The bottom line is enhanced accuracy and greater speed of processing the data.”

Some Kirchhoff migration features included in this release are:

Data Geometry, image geometry, travel-time geometry, velocity model geometry;
SEGY Viewer for QC input data, header and trace investigation.
Data Viewer for 2D/3D velocity, travel-times, image.
Base Map Viewer for data and grid definition.
Travel-times generation: Huygens Wavefront Construction most Energetic Arrivals.
Input data indexing.
Output: Offset Gathers.
Anti-aliasing: triangles.
Amplitude corrections.
Aperture design, depth varying aperture.
Variable step with depth.
Data pre-processing, tpow – spherical divergence correction.
Topography.
Variable image output.
Job monitoring, add nodes, subtract nodes, job stop/restart checkpoint.
PSDM and PSTM.
Travel-times generation.
- Huygens Wavefront Travel-times.
- Eikonal Finite Difference Solution.
Traveltimes QC tools, rays, wave-fronts.
PSTM with straight rays and curved rays.
Input data indexing.
Anti-aliasing: triangles, boxcar, m-bandpass.
Amplitude corrections.
Aperture design.
Variable step with depth.
Data pre-processing.
Topography.
Offset compensation, fold balance weighting.
Histrogram representation for offset and azimuth distribution.
Add and subtract nodes during runtime.
Job monitoring.
Image mask.
Grid of targets, sparse target lines.
Travel-times dynamic grid.
Anisotropic Curved Rays for PSTM.
Anisotropic VTI travel-times for PSDM.
Anisotropic TTI travel-times for PSDM.
Offset compensation, weighting.
Converted waves, OBC.
Adaptive run-time configuration.
Optimization of data distribution.
VSP geometry.
Targets, grid of targets, sparse target lines.
Output Wide and Narrow Azimuth Gathers.
Gamma migration scans.
Diffraction Imaging.

About Z-terra
Z-Terra is a provider of software solutions for the upstream oil and gas industry. The company has developed a suite of interactive depth imaging and velocity model-building software products designed to be the fastest and most accurate depth imaging solutions in the industry.

Popovici is the founder and former CEO of 3DGeo Inc. The company was sold in 2008. 3DGeo grew from two employees in Palo Alto, California, to an international corporation with offices in Houston, California, Buenos Aires and Rio de Janeiro, with representation in Beijing and The Hague. In 2001, 3DGeo was recognized as one of the Top 100 Innovative Companies by InfoWorld. The company won the Hart E&P Meritorious Award for Engineering Innovation in 2007 and the IEEE Spectrum Technology award in 2008.

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