ION Expands Multi-client Data Library Offshore Brazil

Source: www.gulfoilandgas.com 2/5/2019, Location: South America

ION Geophysical Corporation announced a new 2D multi-client reimaging program offshore Brazil. The first phase of the Farofa program covers acreage in the deep water Campos basin that will be available for licensing this October in Brazil's upcoming Round 16. The program will reimage ~10,000 km of existing data using the latest technology to provide an updated view of the outboard salt basin area.

This program will extend the Picanha 3D program into the Round 16 area. The limited 3D data available in this area of Round 16 makes the Farofa dataset critical in providing valuable insights of the pre-salt potential. Initial data is expected to be available in Q1 2019 and the program is anticipated to be completed in May 2019.

"Brazil has continued to draw strong interest from large E&P companies, attracting an astounding $5.5 billion in signature bonuses in less than two years," said Joe Gagliardi, Senior Vice President of ION's E&P Business Development. "The Round 16 area covered by the Farofa program has extremely complex salt bodies that overlie and mask the extent of the pre-salt play. The complex nature of this area creates challenges in imaging relative to the inboard part of the Campos Basin, making it an exciting opportunity for new exploration. This program leverages ION's Brazil expertise and expands our data library in Brazil to 75,000 sq km of 3D data and 85,000 km of 2D data offshore."

For more information about related Opportunities and Key Players visit Brazil Oil and Gas Projects


Australia >>  5/20/2022 -  Seismic re-processing has identified new Yolla West infield opportunity
Yolla West infield opportunity prioritised with Trefoil development ...

Liberia >>  5/19/2022 - TGS, a global provider of energy data and intelligence, today announced an agreement with the National Oil Company of Liberia ("NOCAL") to reprocess o...

Malaysia >>  5/17/2022 - Seismic acquisition of multisensor GeoStreamer data on phase 1 of the Sarawak multiclient program, offshore Malaysia is now completed and data process...
Norway >>  5/13/2022 - The Ministry of Petroleum and Energy (MPE) has given the Norwegian Petroleum Directorate (NPD) an assignment to conduct surveys in connection with awa...

Australia >>  5/4/2022 - Falcon Oil & Gas Ltd. is pleased to provide an operational update on the Stage 3 work programme in the Beetaloo Sub-Basin, Northern Territory, Austral...
Cyprus >>  5/3/2022 - PGS is awarded a Wide Azimuth 3D acquisition contract offshore Cyprus. Mobilization is scheduled to start mid-June and acquisition is expected to com...

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 


Gulf Oil and Gas
Copyright 2021 Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.