Summary The effects of elastic and converted waves are a significant concern in many exploration settings, and, if they are not adequately accounted for in processing, they can become misleading artifacts. More importantly, however, there is a tremendous amount of information, especially in pre-stack seismic data, that acoustic wave methods are not appropriate for, and thus can not extract. Building on the successful completion of the 3-D SEG/EAGE modeling effort, an “Elastic Modeling Initiative” seeks to better understand elastic and converted wave modes and their effects on seismic exploration efforts. This initiative would study geological and reservoir parameters to determine how best to take advantage of elastic waves and how to mitigate their potential negative effects. Since this initiative will potentially have a long lasting impact on the geophysical community this paper is intended to both inform those who are interested and to seek critical peer guidance and review.
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