Apache Corp. has invested $1.2 million in Actuality Systems as part of a $6.5 million fund raising round for the spatial 3D visualization technology specialist. Actuality’s Perspecta 3D visualization engine is a curious, enclosed 3D display with a claimed 100 megapixel resolution.
Actuality president Gregg Favalora said, ‘This financing will help us expand further as an imaging and visualization tool for oil and gas exploration and it adds momentum to our efforts to bring Perspecta Spatial 3D to commercial users even more quickly.’
Apache’s Mike Bahorich added ‘Perspecta is unique in that it enables us to view geological, geophysical and reservoir information in three dimensions as it truly exists rather than with two-dimensional displays to which industry has grown accustomed. We are looking forward to working closely with the team at Actuality to develop this promising technology for finding more hydrocarbons.’
At the SEG
Oil IT Journal saw the Perspecta at the SEG this month and was not impressed. In its current manifestation the system has little impact and suffers from its ‘crystal ball’ enclosure and intrusive refreshing mechanism. It’s hard to credit the system with a 100 megapixel resolution.
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