Advances In Geophysics & Sub-surface Description


Tuesday, March 16, 2010, London, The Geological Society

'Advances in geophysics' are a mainstay of our Forums; this time (the 3rd in our Geophysics/Seismic series) we had a focus on how such advances aid reservoir description.

Three or four interesting messages came out of the half day:

Firstly, as Matt Luheshi pointed out in his presentation “4D – the story so far”, the main purpose of 4D surveys seems to have become to help locate in-fill wells, that is, reducing the risk of drilling these ‘exploratory’ wells (and following the time-honoured notion that the best place to discover oil is inside an oil field!).

Secondly, permanently installed seismic monitoring seems like a great idea but, so far, only the Valhall, Clair and Ekofisk fields have permanent monitoring installed. Why? Martin Bett of Stingray Geophysical pointed out that the truth is that with current technologies installation of permanent ‘kit’ is very expensive, and practical folk like production engineers have concerns about both the reliability of the installed equipment and the disruption that might be caused by its installation. Perhaps fibre optics – as offered by Stingray – shines a light on a new approach?

Thirdly, Sandeep Gulati of Vialogy gave a tantalising glimpse of what may be a brand new approach to seismic data processing.

Fourthly, Kevin Hermansen of Kongsberg Oil & Gas Technologies gave a great answer to the question "what size field needs the sort of visualisation you are taking about?" which was "any field that has more than one person working on it!". (I paraphrase in both cases)


9:00 Arrivals and Registrations


David Bamford - Director - Finding Petroleum

Welcome and Introduction

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.

Matt Luheshi - Senior Analyst - RPS Energy

4D Seismic – the story so far

RPS Energy
RPS Energy provides a range of technical, commercial and project management support services to the international energy industry, covering geoscience, engineering and HS&E, with offices around the world.

Sandeep Gulati - - Vialogy

QuantumRD – Increased predictability in Reservoir Characterization and Hydrocarbon Recovery Based on Novel Noise Injection Computations

ViaLogy was founded in 1999 as a spin-off of the National Aeronautics and Space Administration (NASA) Jet Propulsion Laboratories operated by the California Institute of Technology. The lynchpin of its activities was the furtherance of a unique technology, Quantum Resonance Interferometry (QRI™), originally developed to detect, enhance and characterize weak signals in high background noise and interference environments.

Today, ViaLogy is focused on bringing to clients in the upstream oil and natural gas sector its analytical service offering, QuantumRD®. Another key company technology, Sensor Policy Manager™ integrates sensors in large-scale military base-security and force protection applications within the emerging Physical Security Information Management (PSIM) market.
10:50 Coffee, Tea and light refreshments


Martin Bett - CEO - Stingray Geophysical Ltd

A new light on reservoir monitoring

Martin Bett has over 30 years’ oil industry experience working in operational and management positions for Schlumberger, Landmark, I-NET, Trade-Ranger and QinetiQ. Prior to founding Stingray Geophysical, he has established and grown businesses in Europe, USA, South America and Africa, and has a track record for closing large transactions for new and pioneering products and services. Martin has a BSc in Geophysics from Southampton University, UK, and an MBA with Distinction from the International Institute for Management Development (IMD), Lausanne, Switzerland.

Stingray Geophysical Ltd
Stingray Geophysical, a TGS Company, provides advanced Permanent Reservoir Monitoring (PRM) solutions to the global oil and gas industry, enabling increased production and recoverable reserves at lower through-life cost and risk through improved reservoir management strategies. By 'listening with light®' using Stingray's reliable, permanently installed fibre-optic sensing arrays, oil companies benefit from high quality, cost-effective and repeatable seismic on demand in all field scenarios. Together with its global network of trusted partners, and as a part of TGS, Stingray delivers complete, integrated seismic PRM from planning, through active and passive seismic acquisition, to processing and reservoir solutions.

Nick Pillar - - Ikon Science

Roknowledge - rock properties to synthetic seismic at your fingertips

Ikon Science
Ikon Science is a global geoprediction technology company providing industry leadership in the prediction of reservoir properties, pressures and fluids. It's RokDoc® software, Quantitative Interpretation, GeoMechanics and GeoPressure services all leverage the power of rock physics to integrate well, geopressure and seismic data to understand the subsurface. Ikon Science's RokDoc software platform and related services are used in over 200 leading oil, gas, energy and service companies throughout the world.

Ikon Science, founded in 2001, has over 200 staff and operates from 19 offices across the world. The company is privately owned and investors include Fleming Family & Partners and Tullow Oil plc.

Kevin Hermansen - - Kongsberg

Innovation in 3D visualization reveals the reservoir dynamics for increased decision support

KONGSBERG is an international, knowledge-based group that supplies high-technology systems and solutions to customers engaged in the oil and gas industry, the merchant marine, and the defence and aerospace industries. In 2008, KONGSBERG had a turnover of NOK 11 billion and 5 243 employees in more than 25 countries.

Sponsors of this event

Opus Executive Partners
Opus Executive Partners is a specialist advisory firm serving the energy, mining and natural resources industries.

Opus Executive Partners act as a strategic advisor and provider of Board-level resourcing solutions to national and multi-national companies helping them overcome key business challenges by meeting critical leadership and governance needs.

Whether you are looking for advice, or to fill Board-level (Executive or Non-Executive) or Senior-level Management positions Opus can help you unlock new growth and value across your business.

New Eyes Exploration
New Eyes Exploration, founded by David Bamford, explores new ways to discover Oil and Gas.

Registered Delegates

Adam Marmaras
Event Organiser
Finding Petroleum
United Kingdom
Karl Jeffery
Finding Petroleum
United Kingdom