Welcome to the Dallas Geophysical Society’s website!!

February 1, 2010

The spring half of our year is going to be a very active one. Besides excellent monthly events, we have several technical and social events that I would like to bring to your attention.

First of all, the next Luncheon is on Tuesday, February 9 (by tradition, on Geological Society’s day). The speaker for this joint DGGS luncheon will be David Pollack, Scientific Advisor to Schlumberger. His talk is titled, “Using Surface Seismic to Improve Gas Shale Profitability”.

Our March speaker will be Craig Beasley, Chief Geophysicist for WesternGeco. His talk is scheduled for Thursday, March 25, and the title of his talk is “Lessons learned from simultaneous source investigations”.

In April (besides our scheduled luncheon on April 15), we have planned a SEG Distinguished Instructor Short Course (DISC) on April 26. This course is an all-day event to be given by Colin Sayers of Schlumberger and the title is “Geophysics under stress: Geomechanical applications of seismic and borehole acoustic waves.” This event is posted on our site. Charles Sicking, former President of the society, has agreed to be the coordinator for this short course.

We plan to have the annual Golf Tournament on May 3. More details on this will be posted on our site shortly. Of course, our Annual Awards lunch, traditionally addressed by the SEG President, is scheduled for May 20. We will be providing more details on this year’s elections very soon as this would be the first year for us to have electronic ballots. However, we plan to put procedures in place for those who may be unable or unwilling to use electronic means for voting.

Reviewing the outlook for the oil and gas business this year, it appears that E&P budgets are expected to be 10-12% higher compared to 2009 and that companies are budgeting for a $70-$80 per barrel oil. If it turns out to be so, we should expect a reasonably active year. I also noted that the International Association of Geophysical Contractors (IAGC) is meeting in Houston on February 18. If anyone who attends this event would like to share the sentiments at the meeting with the rest of membership, let me or Dan Buehner know. We would love to schedule a 5-minute summary at our next monthly luncheon.

See you all on February 9.

Naresh Kumar
President, Dallas Geophysical Society
2009-2010