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97. Executive Q&A: SEG Session Chair Bill Abriel on the Business of Geophysics
The Society of Exploration Geophysicists (SEG) is celebrating its 90th year with its first-ever all-virtual annual meeting and international exhibition from Oct. 11-16.
Bill Abriel, former president of SEG who will chair the Business of Applied (BAG) sessions at the event, joined Hart Energy’s Faiza Rizvi to discuss this year’s key topics including CO₂ storage and the business climate of the oil and gas service sector.
Particularly, Abriel, an industry veteran with over four decades of international experience with Chevron Corp., also spoke about the importance of geophysics on the business side of the industry.
“Geophysics is the eyes and ears of what you can’t see in the subsurface…we provide this direct measured information about what’s going on in the subsurface,” he said. “BAG sessions have more to do with the commercial forces at work…what are the business forces that make a difference. It isn’t taught in universities, you get this experience when you are in the industry. These are not tech sessions but they are interesting and important questions about what we’re trying to accomplish for the business and applied geophysics.”
As for how to navigate the current challenges of the industry, Abriel also explained how companies can undertake measures like cost-cutting, adopting new technologies and consolidation.
The BAG sessions begin at 8:30 a.m. Oct. 13 and run until Oct. 14. For more information visit SEG.org/AM/2020/event/detail/bag-sessions. The full conference agenda can be found at SEG.org/AM/2020/event/all.
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By Hart Energy
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The Society of Exploration Geophysicists (SEG) is celebrating its 90th year with its first-ever all-virtual annual meeting and international exhibition from Oct. 11-16.
Bill Abriel, former president of SEG who will chair the Business of Applied (BAG) sessions at the event, joined Hart Energy’s Faiza Rizvi to discuss this year’s key topics including CO₂ storage and the business climate of the oil and gas service sector.
Particularly, Abriel, an industry veteran with over four decades of international experience with Chevron Corp., also spoke about the importance of geophysics on the business side of the industry.
“Geophysics is the eyes and ears of what you can’t see in the subsurface…we provide this direct measured information about what’s going on in the subsurface,” he said. “BAG sessions have more to do with the commercial forces at work…what are the business forces that make a difference. It isn’t taught in universities, you get this experience when you are in the industry. These are not tech sessions but they are interesting and important questions about what we’re trying to accomplish for the business and applied geophysics.”
As for how to navigate the current challenges of the industry, Abriel also explained how companies can undertake measures like cost-cutting, adopting new technologies and consolidation.
The BAG sessions begin at 8:30 a.m. Oct. 13 and run until Oct. 14. For more information visit SEG.org/AM/2020/event/detail/bag-sessions. The full conference agenda can be found at SEG.org/AM/2020/event/all.
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