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The Society of Exploration Geophysicists (SEG) is celebrating its  90th year with its first-ever all-virtual annual meeting and  international exhibition from Oct. 11-16.

Bill Abriel, former president of SEG who will chair the Business of  Applied (BAG) sessions at the event, joined Hart Energy\\u2019s Faiza Rizvi to  discuss this year\\u2019s key topics including CO\\u2082 storage and the business  climate of the oil and gas service sector.

Particularly, Abriel, an industry veteran with over four decades of  international experience with Chevron Corp., also spoke about the  importance of geophysics on the business side of the industry.

\\u201cGeophysics is the eyes and ears of what you can\\u2019t see in the  subsurface\\u2026we provide this direct measured information about what\\u2019s  going on in the subsurface,\\u201d he said. \\u201cBAG sessions have more to do with  the commercial forces at work\\u2026what are the business forces that make a  difference. It isn\\u2019t taught in universities, you get this experience  when you are in the industry. These are not tech sessions but they are  interesting and important questions about what we\\u2019re trying to  accomplish for the business and applied geophysics.\\u201d

As for how to navigate the current challenges of the industry, Abriel  also explained how companies can undertake measures like cost-cutting,  adopting new technologies and consolidation.

The BAG sessions begin at 8:30 a.m. Oct. 13 and run until Oct. 14. For more information visit SEG.org/AM/2020/event/detail/bag-sessions. The full conference agenda can be found at SEG.org/AM/2020/event/all.

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• SEG 2020 Annual Meeting (0:26)
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• BAG sessions (3:36)
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• Changing business climate (7:13)
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• New technologies in geophysics (10:09)
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• Future of exploration (13:47)
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• Path forward (16:12)
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