New President and COO for seismic technology company
Firstly, MicroSeismic, Inc., a seismic technology company, announced that Gary Hargraves has been named President and COO. The founder of the company, Peter M. Duncan, Ph.D. will continue with MicroSeismic as CEO.
Secondly, Dr. Duncan will direct his efforts toward the advancement of MicroSeismic’s new services; KarstAlert® (Sinkhole Monitoring) and CO2SeQure™ (CCS Monitoring). He will participate in the development of new technology; and the promotion of the economic and environmental benefits of MSI’s offerings.
I am very excited to welcome Gary to MicroSeismic! Over the last 20 years, I have seen the industry and our business change and change again. The current environment offers many new and exciting opportunities for the application of MicroSeismic technologies which we have grown and brought into practice. Gary brings the perfect mix of talent and experience to lead us into this new age and these new markets.
Dr. Duncan.
Thirdly, Mr. Hargraves brings years of digital services experience working for global companies in the Oil & Gas, Mining, Airline, and Retail industries. He successfully led teams and projects across a diverse portfolio including business development, mergers and acquisitions, digital strategy; and data solutions.
Joining a seismic technology
It is such an honor to join MicroSeismic, a company that for almost 20 years has used industry leading passive seismic technology to protect the investments their clients have made in unconventional resources. I’m joining at the absolute right time to help MicroSeismic modernize their core business offering while taking the same proven technology and expertise into environmental (ESG) applications as we forge into the sinkhole and carbon sequestration markets. I look forward to contributing as MicroSeismic continues its growth as a world-leading data and IOT company with a continued focus on protecting our clients’ investments, and the integrity of their operations, and help ensure environmental compliance and hazard mitigation.
Mr. Hargraves commented.
Professional experience
Prior to MicroSeismic, Mr. Hargraves was at Capgemini. There he helped develop ESG & Carbon tracking data solutions used to monitor the hydrocarbon value chain. At Wipro, Mr. Hargraves helped start and grow their digital Oil & Gas and Mining business.
In addition, at IBM he defined the early Blockchain and IOT solutions that have become foundational in the industry. In the first half of his career, he participated in one of the largest retail digital transformations for a global c-store. He also consulted on two of the airline industry’s largest mergers and acquisitions.
Moreover, Mr. Hargraves completed his BA in Information and Operations Management studies at Texas A&M University.
About MicroSeismic
MicroSeismic, Inc. provides critical data to sustain the health and vitality of surface and sub-surface assets. The company began in 2003 with a mission to bring passive seismic technology to the oil field.
Also, it has successfully monitored the stability of wellbores in tectonically active areas; CO2 sequestration (CCUS), sinkhole development, enhanced geothermal systems, reservoir stimulation; and seismic hazards in environmentally sensitive areas.
The shale boom of the mid-2000’s overwhelmed it with demand for hydraulic fracture monitoring. Today, priorities have changed. While frac monitoring is still a business driver for the company, new opportunities have expanded its original vision.
Finally, adaptable technology and almost 20 years of experience allow it to apply passive seismic techniques to a wide spectrum of problems relevant to the oil field and beyond.
