Course List

Doug Uffen*, P. Geoph. (APEGA)

Reflection Peak Enterprises Limited 

This half day course identifies and clarifies the unwritten rules practiced in industry as it pertains to seismic data ownership.  The course will also identify and address subtle nuances where current standard industry practice is not uniform.  The attendee will develop the insight to make their own informed decisions on these matters.  The course will focus upon the rules, rights, privileges, responsibilities and obligations of seismic data ownership and their ramifications, permissions and limitations as related to specific business situations.

A sampling of the topics discussed in this seminar includes :

• The Do’s and Don’ts of Data Quality Inspections
• Releasing Data for Sale
• Data Room Practices
• Seismic Data Licensing Agreements
• Joint Venture Operating Agreements
• Partner Obligations and Responsibilities
• Data Archival Obligations for Frontier Datasets
• Third Party Data Licensing Agreements
• Speculative Survey Transfer Fees
• Copying Data and Maps

The seminar will also bring these rules and obligations to life for the attendee through the use of common business case scenarios involving seismic data. Some of the business context situations to be discussed will be:

• Corporate acquisitions
• Property divestitures
• Farm-outs
• Seismic review options
• Show & tells
• Seismic data sale transactions.

This course is of particular interest to technologists, professionals and managers who may not work directly with seismic data but are involved in numerous business situations involving seismic data.  Land personnel, geologists, engineers, lawyers and even geophysicists will all benefit from the clarity provided about these previously unwritten rules governing seismic data in the industry.   The Powerpoint presentation is provided to attendee.