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Explor makes seven-figure purchase of STRYDE seismic technology

Wednesday, March 8, 2023

International seismic technology and processing company, STRYDE, has sold an additional 18,000 onshore seismic sensors to Explor in a seven-figure deal.

Explor, a global seismic acquisition contractor and technology company, has purchased an additional 18,000 STRYDE Nodes, expanding its system following three highly successful years using STRYDE. During this period, Explor has acquired high-resolution seismic for over 15 clients spanning multiple industries, including carbon capture and storage (CCS), oil and gas, mining, helium exploration, civil engineering, and geothermal.

As the global demand for energy increases, companies need high-resolution images of the subsurface to make informed investment decisions for development.

Until recently, the acquisition of seismic data was an extremely expensive phase of an exploration project, but with the introduction of miniature, wireless seismic sensors, companies can reduce costs and timelines, meaning seismic data is no longer an exclusive product for the oil and gas sector, and land seismic is now being widely used to de-risk exploration and development projects in CCS, geothermal, mining and civil engineering markets.

The STRYDE Node is the smallest, lightest, and most affordable onshore wireless seismic sensor available on the market today, meaning Explor and its end clients benefit from significant cost savings, operational efficiency gains, smaller crew sizes, reduced HSE exposure and a lower environmental footprint.

Along with the company's state-of-the-art nodal technology, Explor also purchased the company's Nimble System, a compact and portable node management solution that allows a single operator on shift to charge and harvest data from 1,620 nodes every 24 hours, allowing Explor to drive further efficiencies on conventional and high-density seismic surveys.

Mike Popham, CEO at STRYDE commented on the recent sale: ' Explor was the first company to adopt STRYDE, so I'm particularly delighted that three years on, following many successful projects, Al and his team have decided to further expand their system with this purchase. This agreement, coupled with Explor's continued success is yet another indication to the market that STRYDE delivers what we promise to our clients: higher image quality, sizeable operational efficiencies, reduced HSE exposure and a significantly reduced environmental footprint.'

Allan Châtenay, President at Explor added: ' Explor is pleased to announce that we have purchased another 18,000 STRYDE Nodesas we continue to grow our capability to deliver high-density seismic data at the lowest HSE exposure per recorded trace in the industry. Since deploying our first STRYDE Node in early 2020, we have acquired 3D and 2D data throughout the United States and Canada.

Seismic sources for these projects have included vibroseis, dynamite, PinPoint, LightSpeed, and weight drop sources, as well as passive seismic. Our data has supported oil and gas, CCUS, mining (including lithium and helium), geothermal, near-surface work, and civil engineering projects. Our focus on developing and deploying new technology together with our relentless drive for continuous improvement will continue to deliver extraordinary value for our customers as we move forward.'

This latest deal has resulted in well over 500,000 STRYDE Nodes being used across multiple sectors, in the last three years since the company was formed, making STRYDE the leading provider of nodal technology for onshore seismic surveys today.

Associated Companies
» Explor


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