--After using a new seismic imaging technology to discover a large deposit of oil in the Gulf of Mexico, BP intends to expand the use of the method to fields in Angola and Brazil, Reuters reports Friday.

--The technology led the company to find a billion barrels of oil in an area thought to be dry, the report said.

--The software, Full Waveform Inversion, analyzes sound waves to create 3D images of deep geological formations, the report said.

 

Full story: https://www.reuters.com/article/us-bp-seismic-focus/after-billion-barrel-bonanza-bp-goes-global-with-seismic-tech-idUSKCN1PC0HF

 

--Write to Stephen Nakrosis at stephen.nakrosis@wsj.com

 

(END) Dow Jones Newswires

January 18, 2019 12:05 ET (17:05 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.
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