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WEST TEXAS SEISTRADE DATA POOL WHY PARTICIPATE?

WEST TEXAS SEISTRADE DATA POOL WHY PARTICIPATE?. WWW.ECHOGEO.COM. Non-ECHO Processing. ECHO Processing. ECHO PROCESSING MAKES A DIFFERENCE. Reason #1: Leverage your Seismic Data. Your seismic data is valuable, but it isn’t buying you anything sitting on the shelf.

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WEST TEXAS SEISTRADE DATA POOL WHY PARTICIPATE?

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  1. WEST TEXAS SEISTRADE DATA POOLWHY PARTICIPATE? WWW.ECHOGEO.COM

  2. Non-ECHO Processing ECHO Processing ECHO PROCESSING MAKES A DIFFERENCE

  3. Reason #1:Leverage your Seismic Data • Your seismic data is valuable, but it isn’t buying you anything sitting on the shelf. • Placed in ECHO’s West Texas SeisTrade data pool, your data will open the door for you to access other data you will want to see. • In ECHO’s program, you retain ownership of your data as well as the ability to license it through traditional brokerage arrangements.

  4. Reason #2:Data Pool Expertise • ECHO has been building seismic data pools for over 24 years. • ECHO has succeeded time and time again in developing small programs into large, attractive data pools. • ECHO is not a data brokerage company; ECHO is a processing center. This allows ECHO to offer in-house reprocessing services using state-of-the-art techniques, unlike any competing program.

  5. DETAILS:Data Pool Concept • ECHO recruits seismic data from many exploration companies (one of which could be your company) for inclusion in a pool containing data in a specific area (in this case, the West Texas SeisTrade Program).  When a company contributes its proprietary data to ECHO's pool, the company gives ECHO permission to license that data to other companies, either through data trades or financial sales.  ECHO does not gain ownership of the data, only licensing rights, and ECHO does not limit the data owner's ability to license its data outside of ECHO's program through traditional brokerage arrangements.  • In return for submitting proprietary data to ECHO's pool, contributing companies receive licenses to other data in the pool and/or other products and services that ECHO can offer.  • The amount of data a company may select from the pool is proportional to the amount it contributes. Ratio amounts vary on the data contributed.  • Companies that contribute sizable data contributions may be offered "Lifetime" participation in the program.  Lifetime participation provides the participant with a license to all data that is ever contributed to the program.  So, as the program grows, the Lifetime participant will continue to receive data from ECHO without ever having to contribute more data or pay any fees.  You don't even have to place an order for the data; all datasets are shipped to you automatically, as soon as they are available.

  6. DETAILS:The Program • ECHO has had a tremendous amount of success building seismic data pools in the Gulf Coast and Permian Basin.  Our 3-D Gulf Coast Program contains over 2,200 square miles of data; our 3-D Permian Basin Program contains over 3,200 square miles of data.  Both of those programs were built from the ground up, just as ECHO is currently building the West Texas SeisTrade Program.  We want to have the same type of success here that we have had in other areas, and we need companies like yours to help us seed the program with data in order to attract more participants (and more DATA) to the program.  Your company’s data is likely to attract data contributions from other West Texas SeisTrade players, resulting in a high payoff for you down the road. • ECHO is actively encouraging client participation to recruit data contributions to this brand new program.

  7. Reason #3:Reprocessing • We know that detailed attention to data processing is essential in the West Texas SeisTrade Program. We take our processing challenges very seriously and will not release an ECHO-processed product unless we are confident in its quality. • All data submitted to the West Texas SeisTrade Program will be re-processed free of charge for “Lifetime” participation members. • Examples of ECHO’s processing work versus non-ECHO processing follow on the next slide.

  8. Original (non-ECHO) Processing Example Inline Taylor 3D

  9. ECHO Post-stack Migration Example Inline Taylor 3D

  10. Original (non-ECHO) Processing Example Xline Taylor 3D

  11. ECHO Post-stack Migration Example Xline Taylor 3D

  12. Thank you for considering participation in ECHO Geophysical Corporation’s West Texas SeisTrade Program For more information, please contact: ECHO Geophysical Corporation990 S. Broadway, Suite 220Denver, CO 80209Phone: 303-893-9014marketing@echogeo.com

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