Incoming SEG Pres. Beasley links energy demand, need for research

The incoming president of the Society of Exploration Geophysicists sees "a strange set of circumstances" emerging in the oil and gas industry.All signs point to greatly increased demand for energy, including oil and natural gas, notes Craig Beasley, chief geoscientist at WesternGeco and a Schlumberger fellow."The way to satisfy that demand would be through new technology and increased effort in the field, yet I think it's fair to say that today that's not being done," Beasley says.Oil and gas companies, which must produce the needed energy and for which profits currently are high, aren't rushing to respond to the need."To be fair, there are signs that activity is increasing, b...

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