Capital, Technology and Resulting Issues in Seismic Licensing

October 31, 2000

Table of Contents
I. INTRODUCTION: THE LEGAL ISSUES IN SEISMIC LICENSING ARE CREATED BY TECHNOLOGY AND ECONOMIC FORCES
   A. Current issues in seismic licensing are driven by the following factors
   B. Consequences of these factors include the following
   C. Defining questions
   D. Current form licensing agreements
   E. Changes required to the model license
 
II. COMPETITION FOR CAPITAL: THE INDUSTRY’S STRUGGLE
   A. Seismic’s Dismal Record
   B. “New Economy” Competitor for Capital: Cisco Systems
   C. El Paso/Coastal as proxy for oil and gas companies
   D. Veritas as proxy for seismic service companies
 
III. ADDING VALUE TO SEISMIC
 
IV. STRUCTURE OF LICENSE AGREEMENTS
   A. The four quadrants of information
   B. Elements of a multi-client data use license

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