Alexander Mihai Popovici

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Alexander Mihai Popovici

Alexander Mihai Popovici is the Chief Executive Officer and Chairman at Z-Terra Inc., a provider of state-of-the-art geophysical and geological technology, services and software for the upstream oil and gas industry.

On Smart Migrations

June 12, 2016 By Alexander Mihai Popovici Leave a Comment

I just finished reading a book by Peter Thiel, “Zero to One.” He starts the book with a question he always asks people he interviews for a job: “What important truth do very few people agree with you on?” It is a contrarian question that is related to the title of his book, he argues that while incremental innovations, making existing things better, is going from 1 to n, inventing new technology is going from 0 to 1. That made me think what would be my answer to his question, and one possible … [Read more...]

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On Full Waveform Inversion or FWI

April 13, 2016 By Alexander Mihai Popovici Leave a Comment

I believe Full Waveform Inversion (FWI) has been oversold by the geophysical technical community. When FWI is labeled “the Ultimate Tool”, the “Final and Ultimate Solution“, the old timers in the industry get skeptical. Art Weglein wrote in an article in The Leading Edge (TLE) in October 2013: A central purpose of this article is to bring an alternative voice, perspective, and understanding to the latest geophysical stampede, technical bubble, and self-proclaimed seismic cure-all, the so-called … [Read more...]

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Seismic Industry News, Comments, Trivia and Grumbles

March 29, 2016 By Alexander Mihai Popovici Leave a Comment

It is very depressing nowadays to work in the oil-and-gas services industry. Massive layoffs all around us, Schlumberger cut 30,000 jobs out of a total of 120,000, Halliburton and Baker Hughes combined cut 27,000 jobs, Weatherford cut 20,000 jobs out of 56,000, ION cut 50% or more of its workforce, Chevron and Shell cut thousands of positions globally, Cameron, CGG, Devon Energy, Marathon Oil, BP, Noble Energy, the list goes on and on. It is not pretty to look at the stock values either, CGG … [Read more...]

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