Method, systems, and program product for selecting and acquiring data to update a geophysical database

Abstract

Methods and systems for collecting, managing, distributing and updating geophysical data primarily for E&P companies include in one embodiment the sale of subscriptions entitling paid subscribers access to all subscribed data including both preview and full data. Initial and subsequent data providers are preferably compensated from subscriber fees and may be compensated based on relative subscriber use of data. Data subscriptions can include for subscribers the right to vote or otherwise provide input relating to desired data updates. Data updates are preferably purchased based on competitive bids. The inventive systems and methods diminish much of the risk and uncertainty associated with the collection, management, distribution and updating of geophysical data under current methodologies, making the process more efficient and cost-effective for participating parties.