Greetings fellow ETGS members! I hope everyone has had a great summer and done their best to escape the heat, but nothing quite beats the heat like $84 WTI prices. It is certainly nice to see the market continue to recover as we had hoped it would this year. For the ETGS BOD, it has been a productive summer for the society behind the scenes and we look forward to bringing some updates to our luncheons as well as other fall events like our annual Golf Tournament and other social events. Since there are multiple updates, please take a look at the sections below so that you don’t miss anything.
After some enjoyable years at Hollytree Country Club, we have decided to mix things up this year and host our monthly luncheons at Willow Brook Country Club. Having attended luncheons of other societies at Willow Brook, I know that they will do a great job hosting as I’m sure many of you already know.
In addition to our new venue, we will also be incorporating a new pricing structure to encourage attendees to RSVP ahead of time. So, moving forward, the pre-registration fee will remain the same price of $25, but walk-ins will now be $30 at the door. This change in policy is intended to encourage members to sign up early, which helps us out tremendously when getting a correct headcount to the venue. To be clear, if you do RSVP ahead of time, you will still be able to pay on arrival your $25 fee. We will be sure to send our reminder emails to give everyone plenty of notice to RSVP.
Which brings me to our next update. Credit cards will now be accepted at the door! We have invested in a card reader that will process card payments as well as print receipts. We look forward to this update streamlining the check-in process.
I’m pleased to announce that at our first luncheon this fall, on September 20th, we will be hosting Gabriel Gil of Lumina Geophysical. The title of his talk is “Use of Phase Decomposition for Better Seismic Analysis”. We all know that it is vital to stay up to date with technological advances in the field of geophysics and I look forward to hearing Gabriel present the great progress that Lumina Geophysical has made. Below are the speaker’s abstract and speaker bio:
Analysis and interpretation of seismic data on reservoir events can be complicated due interference between reflectors and between lithologic and fluid contributions to layer responses. Phase Decomposition is a process that breaks the seismic trace into different phase components, isolating contributions to seismic events associated with specific rock and fluid variations. In the simplest case, anomalous behavior in seismically thin layers with defined geometries can be amplified or suppressed on individual phase components which simultaneously convey amplitude and phase information. Phase Decomposition can be used to remove interference of layers, isolating the seismic response of the reservoir, and thereby providing a better seismic image and improved interpretability. This analysis can be extended to identify lithology and fluid variations in the reservoir. Examples of the applications of Phase Decomposition on synthetic and real data are presented on different types of reservoirs showing the improved reservoir identification and delineation provided on key phase components.
Gabriel received his bachelor’s degree in Geophysical Engineering from the Simon Bolivar University in Caracas, Venezuela in 2003, and his Master in Science degree in Geophysics at the University of Houston under the advice of Dr. John P. Castagna in 2010. Gabriel counts with more than 15 years of experience in Reservoir Geophysics, with some experience in seismic processing and acquisition. He previously worked CGGVeritas and in 2010, Gabriel joined Lumina where he has occupied several technical and management positions. His areas of expertise are data processing and conditioning, AVO analysis, Rock Physics, seismic inversion, spectral decomposition analysis, spectral inversion, seismic interpretation and quantitative interpretation. He is currently holding the position of Chief Geophysicist at Lumina Technologies, Inc.
Finally, I would like to remind everyone that Abby Mackey, our new admin for the Society, has sent out membership renewals via mail. If your address has changed and you did not receive the mailer, I have attached a renewal form. If you would like to email your completed form to Abby, you may send it to her email: Abby@CarrResources.com. If you would like to pay your dues in person, we are happy to accept them at the first luncheon.
I look forward to another fruitful year for the East Texas Geological Society and seeing you all soon!
Sincerely,
Hunter Carr
President