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Podcast: Digital Innovations in Oil and Gas with Geoffrey Cann
Episode: Howard Crosby on Applying New Tricks to Old Dogs to Discover Oil
Description: "There's been a real reluctance on the part of operators to jump back in to some of these higher-cost opportunities. That's further constraining exploration and development of supply." In this episode, I'm in conversation with Howard Crosby, the Founder and CEO of LGX Energy Corporation. Howard and a partner acquired an oil company in Indiana and the acquisition included some 400 miles of 2D seismic data that had been shot some 15 years earlier, but never processed. By putting this old data through new tools, LGX was able to reveal oil plays that had been overlooked. The team then s...