GEOPHYSICAL SPENDING ROBUST, SEG CHIEF SAYS

G. Alan Petzet Exploration Editor Geophysics in support of worldwide oil and gas exploration represent a large and growing market, and geophysicists need to promote the many benefits of geophysical technologies. World oil and gas spending has been static the past 5 years, but world seismic spending more than tripled to an estimated $5 billion in 1993 from about $1.5 billion in 1987, Society of Exploration Geophysicists Pres. Michael Schoenberger told SEG's annual meeting in Los Angeles

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