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Gold/Mining/Energy : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?

To: Think4Yourself who wrote (39094)	3/6/1999 1:04:00 PM
From: SargeK	Respond to of 95453

VTS services. I suggest the new GOM leases for example will need the services of a VTS. K

To: Think4Yourself who wrote (39094)	3/6/1999 3:57:00 PM
From: Lee Fredrickson	Respond to of 95453

KL, My guess would be that there'll be quite a bit of call for 'fresh shoots' of new areas...enough to keep the best, and maybe more of the seismic expl'n outfits going, once oil again becomes a valuable commodity. But until that eventuality, there's also what's called 4D seismic information. As a reservoir is drawn down by extraction of liquids and gases, it's physical characteristics change, e.g., shape and location of remaining pay, etc, etc. The fourth D, or dimension, is that change of reservoir with time, and keeping track of it is certainly profitable for an E & P company. And it requires new 'shoots'. (Although some info could probably be gleaned from sensors that 'live' on the sea-bottom.) Or so I'm led to believe. Long VTS for long-term and happy with same. Long MIND, too, tho' happiness there is much reduced. Drive careful, be nice. Lee