Geophysical Technology - Present and Future Capabilities
10 - 11 December 2003
One Great George Street, London

Timetable - click here to view the latest timetable

Registration Form -  to register for this seminar please return the registration form with payment to the PESGB office.

Sponsorship
The PESGB and IAGC would like to thank the following companies for supporting the Geophysical Seminar

Summary
This seminar, jointly organised by the PESGB and the IAGC, will offer a comprehensive programme of over 20 technical papers and 6 business/structural related papers, plus a keynote lunchtime address from Ian Vann, Group Technical Vice President, BP.  

The seminar will be divided into two main sections:

Technical
10^th December - Technical content will cover:

Ø      Brief historical review of geophysical developments during the lifetime of North Sea exploration and production

Ø      Review of latest technologies available for marine and land data acquisition including computer automation of quality control

Ø      A range of processing developments relating to best available and/or most cost-effective current methods

Ø      Current applications of recent R & D in gravity, magnetic and electro-magnetic sounding in hydrocarbon detection and delineation

Ø      Integration of global and local geological studies and automated interpretation methods in the E & P decision process for exploration, field development and reservoir characterization

11^th December – Based on studies and case histories, the technical content in the morning will cover:

Ø      Various aspects of reservoir characterization using the latest technologies

Ø      Some specific applications of Time Lapse and “Life of Field” monitoring

Ø      Insights into the future of reservoir characterization with 4-D, 9-C

Business/structural
11^th December - After lunch with the Keynote Address by Ian Vann, the afternoon session will address the ‘Effect of Change of Business Structure on Technology Capabilities and Development’:

·        Recent Structural Changes

Ø      There were originally 103 main E&P Companies – now consolidated down to 29

Ø      There were originally 18 main full-line Service Providers – now consolidated down to 4

Ø      Many of the E&P Companies have already outsourced their R&D

Ø      The main Service Providers are reporting negative cash flow, poor or negative profitability results and unacceptable risk/reward ratios

Ø      Whereas small niche Service Providers are reporting a boom era

The demand is focused on higher resolution and real time answers for the use of seismic in the Reservoir arena.

But WHO will be able to perform the R&D and Technology Development?

As well as the structural/business related papers there will also be a panel session to address this issue on the second day of the conference.  This should provide the venue for some lively and controversial debates on one of the most vital issues facing our industry.

Contributors: Individual contributors will be contacted shortly by Norman Hempstead and provided with the format required for extended abstracts. Extended abstracts are due by July 31^st.  Please contact Norman with any queries.

Sponsors: If your company would like to support this seminar or any of the planned social events, which include a cocktail party reception and a formal lunch with the keynote speaker, please contact Mike Golding.