New Geophysical Approaches

Technology deployment - business models - gravity data - broadband seismic - analytics 0

Tuesday, April 24, 2018, London, The Geological Society


Download the report from this event

Our "New Geophysical Approaches" event in London on Apr 24 looked at better ways the geophysics sector can serve the oil and gas industry, and get new technologies deployed - helping the industry in its quest to develop reserves at lower cost.

Dr Duncan Irving, practise partner oil and gas with analytics company Teradata, explained how a "digital workforce" can augment conventional geophysical workflows. Not a robot replacing a geophysict, but more a robot doing some of the geophysicist's less interesting work.

David Bamford, founder of Finding Petroleum and a former head of exploration at BP, will share perspectives on what business models may work for exploration in the new oil industry world.

Andrew Long, director of Subterrane shared ideas on better ways to work with potential fields data (gravity and magnetics) together with seismic, to help identify and parameterise structural geology.

Andy Bull, VP emerging technology with INOVA Geophysical, explained how land seismic recording equipment is improving, leading to so-called broadband seismic, and higher resolution onshore images.

Agenda

9:30

David Bamford - Director - Finding Petroleum

Welcome & Introduction ("What is going on?")

Talk Description.
The low oil price is not the only thing that has "been going on" over the last few years.
There are profound questions being asked about the sustainability of the oil & gas industry and even in an "nothing will change!" view, we have to recognise that reserves replacement has been poor all round since about 2010 - Frontier exploration in particular no longer is delivering the volumes it once did.
There are some fundamental forces reshaping our industry......

David Bamford is well known around the oil & gas industry both as an explorer and a geophysicist. He holds a Physics degree from the University of Bristol and a Ph.D in Geological Sciences from the University of Birmingham.

Since 2004, he has been a non-executive director at Tullow Oil plc, being recruited for this position especially for his exploration knowledge. He serves on the Nominations and Remuneration Committees, and was chairman of the latter, and Senior Independent Director, for 3 years prior to his retire from the board at the end of April 2014.

He was on the board of Premier Oil from May 2014 to May 2016.

He retired from BP plc in 2003, his last four positions being Chief Geophysicist (1990-1995), Business Unit Leader (General Manager) for first West Africa and then Norway (1995-1999), and finally Head of Exploration until 2003.

He has served on the boards of Paras Ltd, a small exploration and IS/IT consulting company in which he held 22% equity, until its sale to RPS Energy in 2008 and Welltec a/s, a Danish well engineering company, as the nominee of the private equity investor Riverside.

From 2012 to 201 he was on the board of ASX-quoted Australia Oriental Energy as a non-executive director.

He was a founder of Richmond Energy Partners, a small oil & gas research house, and several media companies that focus on the oil & gas sector, and has served as an advisor to Alliance Bernstein, Opus Executive, the Parkmead Group plc, and Kimmeridge Energy LLP. Since retiring from BP, he has undertaken asset and company valuation projects for investment banks, hedge funds and small oil companies.

Finding Petroleum
Finding Petroleum was established to help the oil and gas industry network, and stay up to date on the latest technological developments. It does this via hosting regular events and with an online social network of nearly 10,000 members.
9:50

Dr Duncan Irving - Practice Partner, oil and gas - Teradata

Augmenting conventional geophysical workflows with the new digital workforce

Talk Description.
New digital technologies and capabilities can be brought to bear on existing geophysical workflows from seismic acquisition to geosteering. This requires a rethink in organization, process, skills and technology platforms. Duncan has been providing strategic and technical consulting on these areas for several years and will share his views on the opportunities, challenges and pitfalls as the upstream world meets digitalisation.
Duncan Irving is the Oil & Gas Consulting Team Lead, EMEA & APAC with Teradata. Duncan joined Teradata from the University of Manchester where he instructed in geophysical interpretation and geocomputational methods for the last seven years. He was involved in consulting and research projects involving user interactions with massive subsurface datasets and more general upstream data management, and he continues to maintain research links as an honorary lecturer. One long term project was with Teradata and he drove the development of Teradata's capabilities in the Upstream Oil and Gas area. This time provided him with a deep understanding of the capabilities of Teradata and how they can best be used in the petroleum industry.
He is a geophysicist and also has a PhD in glacial geophysics and geotechnical engineering (why frozen ground moves faster during climate warming and how this affects infrastructure). Duncan lives in the hills outside Manchester with his wife and three children. He is a mountaineer, fell runner and is a card-carrying member of the CAMpaign for Real Ale.

Teradata
Teradata is the world's largest company solely focused on creating enterprise agility through database software, enterprise data warehousing, and analytics. It's our passion and it's all we do. For the Oil & Gas Industry it must be "now", it must be safe, and it has to scale. Whether it is upstream reservoir data analytics, production and refining real-time data analysis, operations management, or back-office ERP provisioning Teradata has the technology platform, scalability, people and approach that will allow you to do more with your data - today.
10:25

Andrew Long - Director & Founder - Subterrane Ltd

Curvature blindness, “fabric” and free air data speaks for itself

Talk Description.
Potential fields data is easy to come by these days. However it is often mis-used to support pre-conceived ideas to progress conceptual geological models. This devalues the incentive of potential fields use.

Satellite free air gravity data correlates with topo-bathymetric relief, and not with geology, nor shallow crustal density variation. Free air gravity must be correctly processed to yield useful residualized products for interpretation. When this is achieved, only then can the gravity data objectively speak for itself.

Gravity data on its own has ambiguity. Traditionally gravity data is interpreted with reference to the magnetic record, this is something that should not change in order to enhance the objective use of potential fields data.

The user of such data can then enjoy identifying real structural geology and avoid a description of fabric, and the parameterization of geology. This will be demonstrated using an excellent case example.

Andrew Long is a geologist and owner of Subterrane Ltd., graduating from Imperial College, London with BSc Geology with Geophysics and MSc Petroleum Geophysics. Andrew started his career with PGS Reservoir as a geophysicist and specialized in potential fields methods. Andrew is a Fellow of the Geological Society of London and an active member of the S.E.G. Andrew has research interests driven by projects in the East African Continental Margin, West African offshore Mauritania-Senegal-Gambia-Guinea-Bissau-Guinea Basin, and the Pacific and Caribbean Margins.

Subterrane Ltd
Integrating old ideas and new technology to improve your exploration strategies. Synthesizing geological interpretation at any scale. Specializing in gravity and magnetic methods combined with geological and geochemical integration: utilizing real research, technology, and advances in measured data precision.
11:00 Coffee & Tea; Exhibits

11:20

Andy Bull - VP, Emerging Technology - INOVA Geophysical

Next Generation Nodal Technology and the Quest for Broadband Seismic Data

Talk Description.
This talk will reflect on the significant advances that have already been made with respect to Land Seismic Equipment, enabling operators worldwide to acquire cost effective but high quality Broadband seismic data and will look ahead to the potential offered by the latest generation of Nodal systems to take this capability even further.
INOVA Geophysical
INOVA was formed in March 2010 when BGP and ION Geophysical each contributed land seismic equipment assets to a new and independent joint venture company. INOVA's strengths lie in their ability to develop and support rugged and reliable seismic acquisition equipment that enable geophysical service providers to efficiently design and execute complex seismic acquisition programs on behalf of their E&P customers around the world.

INOVA's offerings encompass three major product lines:

- Land acquisition systems including G3i HD (cable) and Hawk (cableless)
- Land source products including the AHV-IV 364 and 380 series, the Univib small vibe and their new Vib Pro HD source controller
- Digital sensors, including the VectorSeis 3C receiver and the AccuSeis 1C receiver

INOVA's management team perseveres to create a unique 'best of both' culture that draws upon the distinctive attributes of its parent owners' skill sets and operating philosophies. INOVA's technical professionals reflect ION's rich tradition of innovation in land seismic product development, ARAM's philosophy of 'no excuses' customer service, and the practical operating insights BGP has acquired as the world's largest land seismic contractor. This unique blend of insights and capabilities ensure that INOVA's products remain on the cutting-edge of innovation, guided by the practical reality of what contractors require to reliably execute complex seismic programs in the most difficult operating environments.

INOVA is committed to offer 'Best in Class' customer satisfaction. Through a global network of training, repair, and customer support centers, INOVA field service engineers are located in key petroleum centers close to their customers. These field support teams are available twenty four hours/seven days a week/three hundred sixty days a year and willing to go anywhere, anytime to ensure that INOVA's customers are able to complete their acquisition programs safely, on-time, and within budget. Working shoulder-to-shoulder with their customers, INOVA's field support teams are united by a common call to action: Together, We Get the Job Done.
11:55

David Bamford - Director - PetroMall Ltd

Where is geophysics going?

Talk Description.
Where is Geophysics going in a world where Majors and mini-Majors declare themselves to be "Energy providers" with a heavy focus on Gas and on Unconventionals and Mature Provinces?

What new capabilities do we Geophysicists, whether in an oil & gas company or in a service provider, need to develop and offer?
David Bamford is well known around the oil & gas industry both as an explorer and a geophysicist. He holds a Physics degree from the University of Bristol and a Ph.D in Geological Sciences from the University of Birmingham.

Since 2004, he has been a non-executive director at Tullow Oil plc, being recruited for this position especially for his exploration knowledge. He serves on the Nominations and Remuneration Committees, and was chairman of the latter, and Senior Independent Director, for 3 years prior to his retire from the board at the end of April 2014.

He joined the board of Premier Oil in May 2014.

He retired from BP plc in 2003, his last four positions being Chief Geophysicist (1990-1995), Business Unit Leader (General Manager) for first West Africa and then Norway (1995-1999), and finally Head of Exploration until 2003.

He has served on the boards of Paras Ltd, a small exploration and IS/IT consulting company in which he held 22% equity, until its sale to RPS Energy in 2008 and Welltec a/s, a Danish well engineering company, as the nominee of the private equity investor Riverside.
From 2012 to 201 he was on the board of ASX-quoted Australia Oriental Energy as a non-executive director.

He was a founder of Richmond Energy Partners, a small oil & gas research house, and several media companies that focus on the oil & gas sector, and has served as an advisor to Alliance Bernstein, Opus Executive, the Parkmead Group plc, and Kimmeridge Energy LLP. Since retiring from BP, he has undertaken asset and company valuation projects for investment banks, hedge funds and small oil companies.

PetroMall Ltd
Petromall is a unique oil and gas advisory service which prides itself on technical excellence in selected fields and supplementing business management and leadership; in the face of uncertainty.

We offer truthful, professional opinion and advice; no playback of what you already know, and no spin.

Petromall was founded by 4 senior industry and academic practitioners who consider the challenges faced by today's oil and gas environment are going to require herculean acts of leadership and technical skill in the high cost provinces of the world, in order to maintain an industry that is sustainable and even recognisable compared to recent history.

Similarly nations developing an oil and gas industry face related challenges as they seek to maximise the benefits of this new wealth-creating opportunity - in a responsible manner.

Global reach

Petromall actively participates in the facilitation and conduct of seminars worldwide, in conjunction with its associate partner Finding Petroleum.

Our presence reaches parts of the globe, such as: the UK, Malta, the USA, through partners in the Middle East, North Africa and Sub-Saharan Africa.
12:30

Robert Heath - Consultant - Seismic & Oilfield Services Ltd

New Geophysical Approaches


Seismic & Oilfield Services Ltd
13:00 Lunch & Close

Sponsors of this event

Teradata
Teradata is the world's largest company solely focused on creating enterprise agility through database software, enterprise data warehousing, and analytics. It's our passion and it's all we do. For the Oil & Gas Industry it must be "now", it must be safe, and it has to scale. Whether it is upstream reservoir data analytics, production and refining real-time data analysis, operations management, or back-office ERP provisioning Teradata has the technology platform, scalability, people and approach that will allow you to do more with your data - today.

INOVA Geophysical
INOVA was formed in March 2010 when BGP and ION Geophysical each contributed land seismic equipment assets to a new and independent joint venture company. INOVA's strengths lie in their ability to develop and support rugged and reliable seismic acquisition equipment that enable geophysical service providers to efficiently design and execute complex seismic acquisition programs on behalf of their E&P customers around the world.

INOVA's offerings encompass three major product lines:

- Land acquisition systems including G3i HD (cable) and Hawk (cableless)
- Land source products including the AHV-IV 364 and 380 series, the Univib small vibe and their new Vib Pro HD source controller
- Digital sensors, including the VectorSeis 3C receiver and the AccuSeis 1C receiver

INOVA's management team perseveres to create a unique 'best of both' culture that draws upon the distinctive attributes of its parent owners' skill sets and operating philosophies. INOVA's technical professionals reflect ION's rich tradition of innovation in land seismic product development, ARAM's philosophy of 'no excuses' customer service, and the practical operating insights BGP has acquired as the world's largest land seismic contractor. This unique blend of insights and capabilities ensure that INOVA's products remain on the cutting-edge of innovation, guided by the practical reality of what contractors require to reliably execute complex seismic programs in the most difficult operating environments.

INOVA is committed to offer 'Best in Class' customer satisfaction. Through a global network of training, repair, and customer support centers, INOVA field service engineers are located in key petroleum centers close to their customers. These field support teams are available twenty four hours/seven days a week/three hundred sixty days a year and willing to go anywhere, anytime to ensure that INOVA's customers are able to complete their acquisition programs safely, on-time, and within budget. Working shoulder-to-shoulder with their customers, INOVA's field support teams are united by a common call to action: Together, We Get the Job Done.

Subterrane Ltd
Integrating old ideas and new technology to improve your exploration strategies. Synthesizing geological interpretation at any scale. Specializing in gravity and magnetic methods combined with geological and geochemical integration: utilizing real research, technology, and advances in measured data precision.

PetroMall Ltd
Petromall is a unique oil and gas advisory service which prides itself on technical excellence in selected fields and supplementing business management and leadership; in the face of uncertainty.

We offer truthful, professional opinion and advice; no playback of what you already know, and no spin.

Petromall was founded by 4 senior industry and academic practitioners who consider the challenges faced by today's oil and gas environment are going to require herculean acts of leadership and technical skill in the high cost provinces of the world, in order to maintain an industry that is sustainable and even recognisable compared to recent history.

Similarly nations developing an oil and gas industry face related challenges as they seek to maximise the benefits of this new wealth-creating opportunity - in a responsible manner.

Global reach

Petromall actively participates in the facilitation and conduct of seminars worldwide, in conjunction with its associate partner Finding Petroleum.

Our presence reaches parts of the globe, such as: the UK, Malta, the USA, through partners in the Middle East, North Africa and Sub-Saharan Africa.

Registered Delegates

Hugh Ebbutt
Director
A T Kearney
United Kingdom
Karl Jeffery
Editor
Finding Petroleum
United Kingdom
Mike Larsen
Director
Metastream Ltd
United Kingdom
Jonathan Minnitt
Business Development Manager
Aker Solutions
United Kingdom
Avinga Pallangyo
Events Manager
Finding Petroleum
David Buddery
Consultant
Neoseismic Ltd
United Kingdom
Geoffrey Boyd
Field Development Consultant
Antium FRONTFIELD
United Kingdom
Richard McIntyre
Sales Manager
Finding Petroleum
Helen Turnell
Principal Consultant
NR Global Consulting Ltd
United Kingdom
Maria Mackey
Energy Sector
AWS
United Kingdom
Jeremy Berry
BD Director
GCA
United Kingdom
James Thadchanamoorthy
CFO
NRL
United Kingdom
Simon Berkeley
Director
Berkeley Associates
United Kingdom
Nick Cameron
Geological Advisor
GeoInsight Limited
Mike Rego
Independent Consultant
PetroMall Ltd
United Kingdom
Steve Callan
Sales / Marketing / Business Development
BGP Marine
United Kingdom
Geoff Marsden
Processing Geophysicist
GM Geophysical
United Kingdom
David Bamford

Petromall Ltd
David Sendra
Associate Consultant
BlackRockQI
United Kingdom
Thomas O'Toole
R&D Geophysicist
Halliburton
John Clure
Managing Director
Phoenix Hydrocarbon Resources Ltd
United Kingdom
Nick Pillar
Manager of Geophysics
Canadian Overseas Petroleum Ltd
United Kingdom
Norman Hempstead
Director
Hempstead Geophysical Svcs
United Kingdom
William Davie
Director
Precision Impulse
United Kingdom
Rory Scott-Russell
Director
CaribX
United Kingdom
Abdulmohsin Dolaijan
Consultant
Independent
Colin More

Prospect Geoscience
United Kingdom
Chris Matchette-Downes
MD & Owner
CaribX and MDOIL Limited
United Kingdom
Neil Simons
Consultant
Independent
United Kingdom
Mark Rees
Managing director
Rees Onshore Seismic Ltd
James Andrew
Busines Development Mgr EAME
CGG
United Kingdom
Mike Hibbert
Independent consultant
Independent consultant
United Kingdom
Martin Smith
Business Development Manager - Operations
RPS Energy
United Kingdom
Micky Allen
consultant
consultant
United Kingdom
Andrew Clark
Chief Commercial Office
Innoseis BV
Keith Holdaway
Advisory Industry Consultant: Global O&G
SAS Institute
United States
Peter Farrington
Geophysicist
Consultant Geophysicist
United Kingdom
Andy Bull
VP, Emerging Technology
Inova Geophysical
United Kingdom
Robert Heath
Consultant
Seismic & Oilfield Services Ltd
United Kingdom
Richard Walker
Consultant Geophysicist
Cornhill Economics Ltd
United Kingdom
Naohiro Yoshino
Geoscientist
JAPEX
United Kingdom
David Eastwell
Geoscientist
Spectrum Geo
United Kingdom
Dan Kunkle
Director
Count Geophysics
United Kingdom
Kai Gruschwitz
Senior Geophysical Advisor
Lukoil
United Kingdom
Andrew Long
Director & Founder
Subterrane Ltd
David Boote

DBconsulting Ltd
United Kingdom
David Peel
Technical Director
Lukoil
United Kingdom
Anne-Mette Cheese
Exploration Geologist
Svenska Petroleum AB
United Kingdom
Stephen Norman
Business Development Manager
DNV GL
United Kingdom
Artem Kotenev

Lukoil Overseas UK Ltd
United Kingdom
Phil Houston
Founder / CEO
TalEng
United Kingdom
Brian Donnelly
Consultant Geophysicist
Donnelly
United Kingdom
Chris Morgan
Managing Director
Lynx Information Systems Ltd
United Kingdom
Duncan Irving
Practice Partner, Oil & Gas
Teradata
Martin Riddle
Technical Manager
Envoi
United Kingdom
Geoff Chambers
Data Scientist
Masternaut
United Kingdom
Peter Roberts
Business Development Manager
Tessella
United Kingdom