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New Geophysical Approaches


Technology deployment - business models - gravity data - broadband seismic - analytics
£50 + VAT
FEATURED SPEAKERS
Dr Duncan Irving
» Practice Partner, oil and gas
» Teradata
Andrew Long
» Director & Founder
» Subterrane Ltd

Full Agenda

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?")


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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 t
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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 databa
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10:25 Andrew Long - Director & Founder
Subterrane Ltd

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


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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 geolog
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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


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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 was formed in March 2010 when BGP and ION Geophysical each contributed land seismic equipment
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11:55 David Bamford - Director
Future Energy Partners Ltd

Where is geophysics going?


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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.

Future Energy Partners Ltd
Future Energy Partners (FEP) is a unique oil and gas advisory service which prides itself on technic
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12:30 Robert Heath - Consultant
Seismic & Oilfield Services Ltd

New Geophysical Approaches


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13:00 Lunch & Close

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