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December 2007 Investor Presentation – Ion Geophysical Corp

Ion Geophysical Corp · Dec 6, 2007 · 23 slides

Investor presentation from the Shale Experts oil & gas presentation and slide database. Every page is imaged and its text indexed for search across operators, plays, basins and time.

Slides

  1. December 2007 Investor Presentation – Ion Geophysical Corp – slide 1
    Land Imaging with FireFly Presented at the Lehman Brothers Investor Day By Jim Hollis (Executive VP and COO, ION Solutions) December 6, 2007 Houston, Texas USA
  2. December 2007 Investor Presentation – Ion Geophysical Corp – slide 2
    Getting Grounded: The Seismic Imaging Market Land Equipment Sector 700 Million per Year Annual Revenues by Sub-sector ( Millions) 12,000 +++ Processing 10,000 Land equipment Land acquisition 8,000 Marine equipment Seabed…
  3. December 2007 Investor Presentation – Ion Geophysical Corp – slide 3
    Getting Grounded: ION Business Segments Sold 206 Million of Land Systems in 2006 Mix of Business by Segment (Percentage of 2006 Revenues) 100% = 504 million GXT Imaging (147M = 29%) Land Systems (206M = 41%) CSL…
  4. December 2007 Investor Presentation – Ion Geophysical Corp – slide 4
    FireFly Vision in 2004 Improve the image using full-sampling and full-wave Eliminate cables & develop infrastructure to facilitate high productivity and complete scalability Reduce impact on the environment and improve safety…
  5. December 2007 Investor Presentation – Ion Geophysical Corp – slide 5
    What Made FireFly Possible Enabler 1: Technology Convergence Digital compass Low power processing chips 802.11 WiFi Bluetooth Ultra fast Ethernet Flash memory GPS and WAAS GPS Low cost inertial navigation LiDAR Discriminating…
  6. December 2007 Investor Presentation – Ion Geophysical Corp – slide 6
    At the Center of What Makes It Possible The Field Station Unit and Full-wave Sensor FireFly FSU (recording unit) Internal flash memory Internal micro-processor Multiple datacom protocols Bluetooth Ethernet VHF VectorSeis…
  7. December 2007 Investor Presentation – Ion Geophysical Corp – slide 7
    What Made FireFly Possible Enabler 2: Industry Collaboration with BP and Apache Acquisition system requirements Acquisition system requirements Environmental impact requirements Environmental impact requirements Supply chain…
  8. December 2007 Investor Presentation – Ion Geophysical Corp – slide 8
    What Made FireFly Possible Enabler 3: An Ecosystem Approach Station Equipment Layout & Pre- Surveying Density Deployment Shooting Processing Conventional Cable Stakes & Cable-constrained 25 tons Visual & Manual flags (200 x…
  9. December 2007 Investor Presentation – Ion Geophysical Corp – slide 9
    FireFly in Action The Client Challenge at Wamsutter The Customer Challenge: Identify sweet spots in a large, tight gas field in order to optimize a multi-year, 2.2 billion exploitation drilling program Short acquisition window…
  10. December 2007 Investor Presentation – Ion Geophysical Corp – slide 10
    Delivering the Results The Application in Action Summary of Key Operating Benchmarks Conventional 20 - 40 Fold Image Quality 400 1000 Fold Conventional 75 Man Crew Crew Size 45 Man Crew Pre- Layout Shooting Pickup…
  11. December 2007 Investor Presentation – Ion Geophysical Corp – slide 11
    Understanding the Imaging Improvements Rose Diagram Conventional vs. FireFly Wamsutter Legacy Surveys Wamsutter with FireFly (40 fold) (1,000 fold) [ 11 ]
  12. December 2007 Investor Presentation – Ion Geophysical Corp – slide 12
    Understanding the Imaging Improvements Legacy Wamsutter Data Sub-optimal Resolution After basic signal processing and two iterations of velocities and statics [ 12 ]
  13. December 2007 Investor Presentation – Ion Geophysical Corp – slide 13
    Understanding the Imaging Improvements Resolution Improvement with FireFly After basic signal processing and two iterations of velocities and statics [ 13 ]
  14. December 2007 Investor Presentation – Ion Geophysical Corp – slide 14
    Understanding the HSE Improvements One Example Route Planning for Safe, Efficient Operations LiDAR (Light Detection and Ranging) Cultural sites Hazards Land access Safe and efficient field movement [ 14 ]
  15. December 2007 Investor Presentation – Ion Geophysical Corp – slide 15
    Understanding the Operational Improvements Next-generation Positioning and Deployment Real Time Navigation & Command & Control Positioning Portable Navigation Tool [ 15 ]
  16. December 2007 Investor Presentation – Ion Geophysical Corp – slide 16
    Understanding the Operational Improvements Dynamic, Source-driven Acquisition Speeds Shooting Operations Automated source-driven acquisition for speed and safety Dead-reckoning for safe navigation and positioning [ 16 ]
  17. December 2007 Investor Presentation – Ion Geophysical Corp – slide 17
    Understanding the Operational Improvements Preserving Data Integrity to Speed Pre-processing [ 17 ]
  18. December 2007 Investor Presentation – Ion Geophysical Corp – slide 18
    Operational Flexibility Deployment in Flooded Areas [ 18 ]
  19. December 2007 Investor Presentation – Ion Geophysical Corp – slide 19
    Operational Flexibility Retrieval in Harsh Environments [ 19 ]
  20. December 2007 Investor Presentation – Ion Geophysical Corp – slide 20
    FireFly Evolution with Field Trials Learnings for our Version 2 System Changes built into Version 2 to enhance original goals Design changes for hardening equipment Improvements for better and more flexible telecommunications…
  21. December 2007 Investor Presentation – Ion Geophysical Corp – slide 21
    Version 2 FireFly Expected Version 2 Total Project Cost Achievement over Cable Systems* Wamsutter, WY Analog 600,000 500,000 625 fold 2500 fold 400,000 Cost (/mi ) Today 2 156 fold 300,000 Cable Analog -…
  22. December 2007 Investor Presentation – Ion Geophysical Corp – slide 22
    ION Strategy for FireFly Commercial Release Deploy the FireFly technology globally with the survey commitments from companies like BP or SINOPEC Deploy FireFly on projects that require very high-station-count systems for imaging…
  23. December 2007 Investor Presentation – Ion Geophysical Corp – slide 23
    Discussion [ 23 ]

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