3D Seismic

3D Seismic is often used in areas where Hydrocarbons are already known to be present

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Seismic exploration is the search for commercially economic subsurface deposits of crude oil, natural gas and minerals by the recording, processing, and interpretation of artificially induced shock waves in the earth. Artificial seismic energy is generated on land by vibratory mechanisms mounted on specialized trucks. Seismic waves reflect and refract off subsurface rock formations and travel back to acoustic receivers called geophones. The travel times (measured in milliseconds) of the returned seismic energy, integrated with existing borehole well information , aid geoscientists in estimating the structure (folding and faulting) and stratigraphy (rock type, depositional environment, and fluid content) of subsurface formations, and determine the location of prospective drilling targets.

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How 3D Seismic Imaging Revolutionized the Drilling Industry


With all this in mind :

Zion is right back at the same drilling pad as MJ#1(Cost Savings).

They have 3D Seismic information taken from around the same drilling pad as MJ#1.

They have borehole well information from MJ#1.

Zion invested in their own drilling rig enabling them to drill multiple bore holes to tap the same large reservoir through multiple boreholes or multiple reservoirs through multiple boreholes. Something they saw validated the large investment in a drilling rig.


This is a strong indicator of future success (SPECULATION).