Spotting Oil from the Sky

A new airborne technology for mapping oil fields could locate new oil reserves by drastically cutting survey costs, and help companies identify untapped oil within new reserves.

Las Vegas, NV-based startup eField Exploration recently completed a survey of existing oil fields in Texas in which it revealed extensions of these fields into areas that traditional methods did not spot, according to company president Ed Johnson. Drilling to confirm the findings will likely begin soon, he says.
Technology Review