First EAGE Workshop on Optimizing Project Turnaround Performance
Experts will gather to discuss solutions to significantly accelerate subsurface data delivery. PGS is a sponsor and key participant of the event, which takes place virtually with participants around the world from 22-24 February 2021.
Register for the First EAGE Workshop on Optimizing Project Turnaround Performance.
Presentations by PGS
- 'Seismic processing – what is required?' A look at Least-Squares Full Wavefield Migration by Tony Martin, Øystein Korsmo & Nizar Chemingui.
- 'Can data analytics help reduce seismic processing turnaround?' Highlighting the possible role of data mining in seismic processing by Tony Martin, Andrew Long & Suhail Butt.
- 'Seismic data compression impact on quality and near real-time data transfer impact on delivery.' Outlining the use of seismic data compression to accelerate data delivery by Edward Lewis, Mathieu Lange & Edwin Hodges.
Optimizing Project Turnaround Performance | A Major Preoccupation
Tony Martin, a geophysical advisor in PGS, is co-chair of the workshop. He describes what’s in store for participants.
There are a number of reasons why reducing the turnaround time between seismic data acquisition and delivery to the interpreter’s workstation is so important in today’s industry.
Primarily it allows us to revise or change a business model. On the contractor side, the less time it takes to complete a project, the more can be undertaken, leading to improved revenue. Enhanced competitiveness may also result in the same.
Additionally, newly developed techniques that accelerate turnaround may upgrade results and create new opportunities. On the operator side, the quicker data delivery happens the more time is available to the interpreters to analyze the data, make decisions on further development, drill or drop an exploration acreage and for the company to realize potential ROI.
OPTP stands for Optimizing Turnaround Project Performance. Whilst there is a strong incentive and desire to accelerate data delivery, the workshop will cover anything that may help or achieve that, and that is both significant in scope and diverse in nature. So, whilst there is an undeniable interest in optimizing turnaround, trying to attract attention to such a vast scope is challenging. With hindsight, it might have been better to focus on singular components. The other challenge is that many associates accelerated turnaround as either having consequences for data quality, or be the realm of machine-learning techniques, and on both accounts, this is not true.
The workshop covers one of the hot topics in the industry, but as that topic is in itself diverse, a participant should be updated on a range of innovations and technologies that they can take away with them to implement in their own day-to-day business. As the subject is varied, so are the keynote, invited and submitted papers and speakers. They represent a cross-section of both our geoscience industry, and the data science business. The same can be said of the organizing committee, which has leading academics chief geophysicists, renowned researchers, geophysical advisors and prominent data scientists. Their broad experience has enabled and attracted both an exciting and interesting collection of papers, as well as a format that will allow plenty of open and constructive discussion.
I would highlight that geoscientists are at the pinnacle of data science. Nobody knows how to manipulate, move, order, reorder, apply processes, check and validate data better than we do. The collective experience of geoscientists in our industry is an invaluable asset, and we are the best source of ideas for developing pragmatic solutions to the challenges we face, like trying to accelerate data delivery – we do not always need to look elsewhere. Our community needs to be reminded of this.
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Date: 22-24 February 2021
Register for the First EAGE Workshop on Optimizing Project Turnaround Performance. The closing date for registration is 7 February 2021.