(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.