Seismic Reflections: Einar Holst, Chief Operating Officer

by STRYDE
Dec 14, 2023 10:34:53 AM

We have recently launched our end-of-year round up series, “Seismic Reflections”, where we have asked different members of the STRYDE team to share their perspectives on the seismic industry in 2023 and how they see this changing in 2024. 

In this edition of our Seismic Reflections series, we speak to STRYDE’s Chief Operating Officer, Einar Holst.

Einar uncovers what he believes has been the key trends within the seismic sector in 2023, the  biggest seismic acquisition challenge companies will face in the year ahead, and how STRYDE is in a strong position to support its customers in 2024. Read on to find out more… 

 

What has been your biggest lesson learned from the world of seismic in 2023?

“I’ve learned that the need for seismic is expanding rapidly and STRYDE is a clear leader in driving this forward. We’re seeing more and more industries starting to use and benefit from seismic data around the world, with STRYDE’s product being the ultimate solution for the market due to the scalability of our system. From small scale scientific research style jobs, to huge oil and gas exploration surveys, and everything in between.

“The demand for STRYDE’s technology has increased expediently in 2023 in new markets and regions. The success of STRYDE is enabling us to continue investing in the future growth of the technology and business, while simultaneously serving the established seismic markets and maintaining the unquestioned market leader status, in terms of volume of nodes supplied to the industry. 

“As a result, we can achieve our mission of making high-density seismic available to all industries.”

 

What key trend can you identify from the past 12 months within the seismic sector, and what can you take away from that?

“The main trend I have observed, which is of great importance to STRYDE, is the continued transition from traditional cabled systems to nodal systems. In some markets, nodes have been an established approach for a while now, however, in other markets the change has only taken effect in recent years. 

“With STRYDE’s seismic nodes now being readily available and a proven technology, we are seeing clear indications that the trend towards nodal technology is progressing in almost every market. 

“Being the only nodal provider that can offer an onshore seismic system at a truly cost-effective price point while delivering high-density, high resolution seismic data, and enabling significant operational cost savings and HSSE advantages along the way is an attractive alternative to cabled geophone arrays. We are starting to see more and more companies making the move to nodes, and choosing STRYDE. 

 

What will be the biggest seismic acquisition challenge faced by companies in 2024, and what can they do to avoid or overcome it?

“For new and emerging renewable industries, budgets are notoriously tight and don't often allow companies to acquire the new, and detailed seismic data that they need to de-risk investment decisions. This is unlikely to change in 2024 and with STRYDE being the most affordable solution on the market, we are uniquely positioned to help these types of companies gain access to the seismic equipment they need to acquire detailed geological insights. 

“In 2023, STRYDE was used to enable over 30 new energy exploration developments, ranging from geothermal to hydrogen and mineral mining, and I see this number continuing to grow in 2024 as the demand for renewable energy increases.”

 

What has been your personal highlight from the past 12 months?

“For me, the personal highlight is seeing STRYDE take great steps in maturing as a business. Since the inception of STRYDE, we have set out on a goal to efficiently serve a global market and to achieve this we have established a stable, robust and reliable supply chain that ensures we are able to manufacture large volumes of nodes without compromising on quality. 

“We have also established the required global infrastructure by having three warehouses strategically located around the world; all three of which are now fully operational and are located in Dubai, Houston and Asker.

 

What have you been most proud of this year?

“I am very proud of our technical field support team, as every person within the team goes out of their way to ensure that all customers succeed in using our system. They support remotely, train clients at STRYDE locations and travel around the world to help every single one of our customers - and they do all of this with respect, a high level of professionality and a strong focus on HSSE. 

“When it comes to our customer support, we have received nothing but excellent feedback from our customers, which I believe is a great competitive advantage for STRYDE.”

 

What project have you most enjoyed working on this year?

“I had the pleasure of visiting the Africa Geophysical Services LLC (AGS) in Oman earlier this year. I really enjoyed being able to support AGS and its crew in this region, where they have been operating successfully for more than two years with over 160,000 channels deployed for CCED’s onshore oil and gas exploration programme.” 

 

What do you think will be the key to STRYDE’s success next year?

“From a dedicated technology team focused on continuous improvement of our technology to a robust supply chain and large pools of inventory, STRYDE is set up for success in every way for 2024. 

“As seismic acquisition and nodal technology expands its reach to new sectors and becomes more in demand, we are in a strong position to serve all markets with the seismic equipment they need, as well as the technical expertise to ensure they succeed.” 

Discover more in our Seismic Reflections blog post series and uncover the STRYDE team’s top insights on the past year in the seismic sector, as well as their future outlook for 2024…

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