I would like to look into the crystal ball of the future and discuss some of our current and possible future business models pertaining to the supply of seismic services and information. So let's focus on the business, and the technology will follow.
Let's look at some of the facts (in italics) today.
There are fewer E&P companies today, and there will be even fewer in the future.
This means there will be less competition for acreage and hence less need for seismic data to reload prospect portfolios—the downside. However, there is an upside. The seismic industry has seen...