UW: Give us an overview of your career.
TC: Being the son of John E. Chance, I was just about born into
the
offshore surveying business. When I was about 10 years old, my dad
gave me a big piece of paper and told me to connect the dots that
have the same number by them. I didn't realize it, but I was making
contour maps. After finishing in electrical engineering at LSU in
1983, I earned a Master's Degree specializing in geodetic surveying
from Purdue. Upon graduation, I went to work for my dad's company,
John E. Chance & Associates.
In 1988, I went back to Purdue for a year and received an MS in
Industrial Administration. John E. Chance & Associates was sold to
Fugro in 1991. In 1992, I left to start my own subsea surveying
company, C & C Technologies. My brother, Jim, and many people from my
father's old company, as well as other companies, joined me.
UW: What career accomplishment are you most proud of?
TC: Early on, my work with the Starfix system was a great
opportunity. The system was incredibly impressive. After starting C &
C, we were awarded a contract with the Naval Research Lab. That was
very exciting and eventually led to our success with AUVs.
In 1996, I won the "Entrepreneur of the Year" award for the Gulf
Coast Region in the Emerging Business Category by beating out 600
other nominated companies. The work of everyone at C & C allowed us
to win. Being the first company in the world to offer commercial AUV
survey services is truly exciting. Vendors such as Simrad, and
clients such as BP, were critical to our success. Last year we did
more than 10,000km of AUV surveys in depths approaching 10,000 feet
(3,000m). Our people who work with the AUV are the best in the world.
However, my greatest career accomplishment has been the development
of C & C Technologies. C & C now has a staff of about 180 fantastic
people and we have worked in almost every offshore region of the
world. We have eight survey divisions, including Marine Construction,
Geophysical, Geotechnical, Geosciences, Cable, DGPS Services, Inland,
and Government Services. This year, C & C Technologies celebrates its
10th anniversary. It is truly an honor for me to work with such a
great group of people.
UW: C & C was the first to bring commercial AUV technology to
the
Gulf of Mexico with the Hugin. Where will AUVs be in five years?
TC: AUVs will certainly have more endurance and better sensors. I
believe AUVs will become more robust, but positioning will probably
still require acoustic ranging of some form. Practical hybrid
ROV/AUVs will start to appear if battery technology continues to
improve and propulsion becomes more efficient.
UW: What is the most common mistake AUV manufacturers and
contractors
make in today's market?
TC: For deepwater survey AUVs, I think the biggest mistake is
overestimation of the market size. After the third capable AUV, the
worldwide market for deepwater AUVs for commercial work will be
saturated. Inadequate utilization and collapsing prices will cause a
lot of problems. In shallow water, conventional survey techniques are
relatively inexpensive and fast. It will be difficult for AUVs to
compete in this area. The other common mistake is underestimating the
cost and time required for AUV development.
UW: If you could make an oil company understand one thing
about AUV
operations, what would it be?
TC: C & C had possession of their AUV for two years before it
could
work relatively free of significant downtime due to bugs. Everyone
else who plans to offer AUV services will also have to go through
this painful experience.
UW: What underwater vehicle has not been invented yet, but will
revolutionize the industry when it is?
TC: The revolutionary AUV will be deployed from the dock or from
an
offshore structure and reliably return. It will be able to do the
work of an ROV or survey AUV. It will be able to transit at high
speed, have autonomous positioning, and provide two-week minimum
endurance. It will communicate with the office at high speeds while
deep underwater and will intelligently deal with acoustic
interference.
UW: How can AUVs help in the war on terrorism?
TC: AUVs can be used in underwater mine countermeasures. This
effort
includes pre- and post-mine surveys for mine detection and mine
destruction using a variety of techniques.
UW: What are your thoughts on the current state of Gulf of
Mexico oil
and gas production?
TC: Oil production has passed its peak. The big deepwater wells
will
help offset the production decline on the shelf. However, the
industry should be around for several decades to come.
UW: Where did you grow up?
TC: I grew up in Lafayette, Louisiana and, other than my time at
LSU
and Purdue, I have always lived in Lafayette.
UW: Are you married, and if so, how long? Any kids?
TC: I have been happily married for 20 years. Lisa and I have five
wonderful children: Erin, Emily, Elizabeth, Stuart, and Spencer. The
oldest is 18 and the youngest is 7.
UW: What are your hobbies?
TC: A wife, five kids, and a company keep me pretty busy. I do
like
to fish and I have a woodworking workshop. Every Halloween I build a
haunted house for the neighborhood kids. Last year, the haunted house
had electric cars on a powered track for the kids to ride. In fact,
everything is automated. I guess it is AUV technology spillover. Is
there a conference session on Autonomous Haunted Houses?
UW: What is your favorite and why: movie? TV program? book?
sport?
TC: As for movies, I like most comedies. I can't handle TV except
for
the Discovery and History channels. I just read The Five Temptations
of a CEO, and found that I failed in four of the five areas, so I
guess that's not my favorite book. I enjoy snow skiing and watching
football.
UW: Give us your thoughts on where the Association of Diving
Contractors International (ADC) has been, and where it's going.
TC: The ADC is really making its mark. There has been a lot of
excellent leadership in the ADC, so I'm sure it will continue to
flourish. UW