What Happened?
Houston, TX-based Sigma Cubed has announced the Resignation of Alan R. Huffman as Chief Technology Officer
About the Company
Enhanced collaboration among geoscientists and engineers extracts maximum value from subsurface data, resulting in improved hydrocarbon recovery. However, the explosive growth in the unconventional space has left a significant gap in the ability of oil companies to answer critical questions that lead to inconsistent well production, and increased OPEX and CAPEX. Having confidence about where to drill, where and how to frac and complete, and where to invest requires dynamic GeoEngineering models that can adapt for proper understanding of today's complex heterogeneous reservoirs. Combining best-in-class geoscience and engineering technology, SIGMA³ Integrated Reservoir Solutions leverages decades of industry experience to generate high-resolution subsurface models constrained by seismic and well data. Via its proprietary Real-Time Dynamic Earth Modeling™ (RTDM) workflow, real-time completions data and microseismic events are integrated and interpreted in tandem with the geologic models, well geometries, and reservoir property predictions – leading to better drilling decisions, and better business outcomes for clients. SIGMA³ offers technology, expertise and services ranging from reservoir understanding, field development planning to production optimization. This integration of geoscience and engineering forms the foundation of SIGMA³ GeoEngineering solutions, including earth modeling and imaging; seismic-driven reservoir characterization and Continuous Fracture Modeling (CFM™); hydrofrac engineering design and microseismic fracture and field monitoring. Oil and gas operators are looking for insight about how to drill and complete their wells and maximize reservoir potential across the life of the asset. SIGMA³ believes that smart use of fit-for-purpose technologies in a Real-Time Dynamic Modeling workflow gives E&P companies the power to implement the best solution and enhance production efforts, reduce drilling and completion costs, and drive profitability.
About the Person
Alan R. Huffman Ph.D., Chief Technology Officer (CTO) of SIGMA³ Integrated Reservoir Solutions, has over 30 years of geosciences expertise and is often asked to lead workshops and to speak on industry technology and business trends. Prior to the SIGMA³ acquisition, Alan held the position of Chairman & CEO of Fusion Petroleum Technologies Inc. (FPTI) and was responsible for the strategic growth and expansion of the enterprise since 2003. He was the primary architect of Fusion's rapid growth from a small consulting practice to a global business enterprise with over 300 clients and offices in multiple countries. From 1997-2002, Alan was Manager of The Seismic Imaging Technology Center (SITC) with Conoco. In this role, he managed the geophysical technology division of Conoco, with responsibility for worldwide technology development and technical services. From 1990 to 1997, Alan was employed by Exxon Corporation, where we worked as a technology specialist on exploration and production projects in The United States, West Africa and The Far East, and was also actively involved in technology and software development. Alan is a recognized industry expert in the fields of geopressure prediction, shallow hazards prediction, direct detection of hydrocarbons and exploration risking. He is active in industry and professional affairs, having chaired numerous technical conferences and having served on organizing committees for the SEG, AADE, AAPG and SPE. He was the recipient of the 2004 Robert H. Dott Sr. Memorial Award from The AAPG for the publication of AAPG Memoir 76, and also received the 2002 Best Paper Award from The SEG. Alan has published numerous papers in refereed journals and articles in international publications, and 40 abstracts. He has 9 U.S. patents in the field of geophysics. Alan received a Bachelors degree in Geology from Franklin & Marshall College in 1983, and a Ph.D. in Geophysics from Texas A&M University in 1990. In 1986-87, he was privileged to perform the seismic hazard analysis for the successful proposal for the Superconducting Supercollider in Waxahachie, Texas. In 1989-1990, he served as Science Manager of DOSECC, the U.S. Continental Drilling Program. Alan was also the Lyssa & Cyril Wagner Professor of Geology and Geophysics in the School of Geology and Geophysics at The University of Oklahoma in Norman, OK in 2003 and 2004.
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