Hart's E&P Net: December 2002 Issue -
[Cached Version]
Published on: 12/1/2002
Last Visited: 12/17/2003
While a Lehman Brothers report stated that most of WesternGeco's business is still generated from land and marine 3-D seismic, not 4-D, "which is still in its infancy," Ken Williamson, vice president of marketing for WesternGeco, said that acceptance is rapidly growing."It's become almost routine in the UK and the North Sea," Williamson said.
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"We're not saying we're exiting the US land business for good," Williamson added.
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"A huge amount of multiclient data has been generated, and although there's been a recovery in oil price, this global multiclient library expansion has generated a large backlog of prospect leads," Williamson said.