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Gyrodata's New CAAT Surveyor X-4™ Achieves the Highest Level of Accuracy
Houston - February 10, 2010

(Houston, Texas) Gyrodata Incorporated, a worldwide leader in high-technology wellbore placement services for the energy industry, today announced the introduction of the new CAAT SURVEYOR X-4™ (Continuous All-Attitude Tool). The inertial guidance-based CAAT™ system provides three-dimensional trajectory profiles for oil and gas wells by surveying while transiting the wellbore, rather than stopping at periodic intervals to take readings.

The CAAT™ system has evolved from Gyrodata's new X-4™ technology, which incorporates advancements in downhole sensors, electronics, software modeling and mechanisms to increase resistance to shock and vibration - leading to significant gains in performance, speed, accuracy and reliability. Along with these advancements, the CAAT™ system has taken continuous surveying a step further with all-attitude capability (i.e., the system can survey a well while moving at high speeds from vertical to horizontal). Previous systems had to reach a certain angle of inclination before starting in continuous mode.

The CAAT™ system has successfully performed 12 commercial jobs to date, two of which surveyed to horizontal in the active Marcellus Shale Field in the Appalachian Basin. All-attitude surveying and increased ruggedness have led to faster surveying times for significant rig-time savings.

Gyrodata's continuous surveying provides the most accurate means of wellbore trajectory definition, due to the quality of the inertial guidance-based data and the ability to profile the well in much smaller increments than with other methods. Now, combining continuous all-attitude capability with advanced X-4 technology, the CAAT™ system has become the most accurate tool in Gyrodata's fleet of instrumentation.

High-accuracy continuous surveying provides numerous benefits over the entire life cycle of an oil and gas development: reduced risk of costly and dangerous wellbore collisions, optimum wellbore placement and reservoir delineation for increased recovery, and reduced well maintenance and workover costs.

Once Gyrodata performs a continuous survey, a client has the ability (now or at any time in the future) to examine the well profile at any incremental resolution down to 0.1 of a foot. Typical oil industry surveying employs 100-foot intervals. The high data density of continuous surveying allows identification of micro doglegs and other structural problems that could adversely affect a maintenance program over the life of a well. Many operators have used continuous data to optimize the placement of downhole pumps and rod guides in artificial lift operations for significant reductions in tubing wear, equipment failures and overall workover frequency.

Gyrodata has headquarters in Houston, Texas and engineering and manufacturing facilities in Houston and Westlake, California in the United States; and in Aberdeen, Cumbria, and Cambridge in the United Kingdom. The company develops and deploys premium wellbore surveying and guidance systems and rotary steerable drilling services - with a central focus on providing safe drilling operations and increased recovery of oil and gas reserves through highly accurate wellbore placement.