PGS Announces 4th Annual MultiClient Program Offshore Canada

Source: www.gulfoilandgas.com 5/7/2014, Location: North America

PGS expands its MultiClient library offshore Eastern Canada in 2014 with a further 30,000 km of 2D seismic data, in the Labrador Sea and Newfoundland Flemish Pass.

In June 2014 the M/V Sanco Spirit, will start seismic and gravity data acquisition using the multi-sensor PGS GeoStreamer® technology, in the Labrador Sea and Northeast Newfoundland-Flemish Pass areas. This project will provide valuable data covering the areas soon to be disclosed in the Sector Identification announcement by Canada's Newfoundland and Labrador Offshore Petroleum Board (C-NLOPB) for which a Call for Bids will take place as part of the new land tenure system announced to the industry on 19 December 2013.

This is our fourth acquisition season offshore Eastern Canada. This new data will complement PGS' existing 47,600 km of 2D data acquired during 2011, 2012 and 2013 in this region. The survey is being carried out in cooperation with TGS who will perform the data processing. Final data will be available to clients Q3 2015.

In July the M/V Atlantic Explorer, also utilizing the PGS GeoStreamer® technology, will commence acquisition of seismic and gravity data in the Tail of the Bank area of Southeast Grand Banks. The Southeast Grand Banks 2D covers an initial 15,000 km, where it is expected the C-NLOPB will announce future AOIs. Once again processing of the GeoStreamer data will be performed by TGS and final data will be available to clients Q3 2015.

"This year we have doubled our commitment to Eastern Canada with two simultaneous GeoStreamer acquisition programs in Newfoundland-Labrador, as recent finds have rendered this region one of the world's most exciting exploration frontiers. We have already seen that GeoStreamer technology is ideal for Eastern Canada. This summer we are building further on our 2012 and 2013 programs in the Labrador Sea and the Flemish Pass, as these are particular areas of current interest both for oil companies and the provincial government," commented Jerry Witney, PGS Vice President North America MultiClient. Both of these projects have industry support.


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Related Categories: Formation Evaluation  General  Geological, Geophysical  Geophysical Contractors  Mud Logging  Reservoir Engineering & Recovery Methods  Seismic survey  Well Completion, Logging, Workover 

Related Articles: Formation Evaluation  General  Geological, Geophysical  Geophysical Contractors  Mud Logging  Reservoir Engineering & Recovery Methods  Seismic survey  Well Completion, Logging, Workover 


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