This form is used when the Parties agree and shall contribute all proprietary seismic data and all non-proprietary seismic data affecting the Contract Area in its possession as of the effective date of this Agreement, to the extent the data is not restricted by confidentiality or licensing agreements with third parties. It is specifically understood and agreed that each Party has the right to sell, trade, and/or otherwise market seismic data involving the Contract Area which was in its possession prior to the effective date of this Agreement, and the benefits and advantages, including monetary consideration, which it receives as a result of those activities shall be the sole property of the party who owns the data.
Alaska Seismic Data and Operations is a vital field in the exploration and understanding of Alaska's geology and natural resources. It involves the collection, analysis, and interpretation of seismic data, which provides valuable insights into the subsurface structure, rock formations, fault lines, and potential hydrocarbon reservoirs in the Alaskan region. Seismic data is obtained through a process called seismic surveys, where seismic waves are generated artificially by using explosives or vibrators on the Earth's surface. These waves then travel through the subsurface, encountering different layers of rocks and geological features. The equipment records the reflections and refraction of these waves, creating a detailed set of data known as seismic profiles. Alaska is known for its diverse geology, including mountains, glaciers, and offshore basins. Hence, there are different types of Alaska Seismic Data and Operations specifically designed to cater to different environments and objectives: 1. Onshore Seismic Data and Operations: This type focuses on collecting seismic data on land, particularly in remote areas and national parks of Alaska. It involves deploying seismic sensors and equipment on the ground, which record the reflected waves, providing a clear picture of the geological structures beneath the surface. 2. Offshore Seismic Data and Operations: Alaska has vast offshore regions, particularly in the Arctic and Bering Seas, that require specialized seismic operations. Offshore seismic surveys utilize marine vessels equipped with air guns or seismic sources to generate controlled sound waves, which propagate through the water column and seafloor. Sensors or hydrophones attached to the seabed or suspended in the water capture the acoustic waves' reflections, aiding in mapping the subsea geology, potential oil and gas reservoirs, and identifying hazards such as faults or unstable formations. 3. Structural Seismic Data and Operations: This type of seismic data and operations in Alaska focuses on understanding the tectonic processes, identifying faults, and determining the stability of structures such as bridges, pipelines, and buildings. By analyzing seismic waves' behavior during earthquakes or controlled testing, engineers can assess the integrity and safety of man-made structures in Alaska's seismic-prone regions. 4. Subsurface Imaging and Seismic Tomography: These methods involve advanced processing and interpretation techniques to construct detailed images of the subsurface formations. By using high-resolution seismic data, algorithms, and computer modeling, geophysicists create three-dimensional models of Alaska's subsurface, revealing intricate details of geological features, fault systems, and potential resources. Alaska Seismic Data and Operations play a crucial role in supporting exploration and production activities, minimizing geological risks, and making informed decisions in industries such as oil and gas, mining, geothermal energy, and infrastructure development. The data collected from these various operations provide essential information for resource assessment, reservoir characterization, hazard identification, and fulfilling regulatory requirements in Alaska's dynamic geological landscape.
