CGG: Conducts Innovative Rich-Azimuth Multi-Client Survey NW of Shetland
September 17 2018 - 1:30AM
CGG Conducts
Innovative Rich-Azimuth Multi-Client Survey NW of Shetland
Paris, France - September 17, 2018
CGG has commenced acquisition of a
high-density, rich-azimuth, towed-streamer multi-client survey in
the UK West Shetland Basin. The 3,600 sq km survey has received
strong industry support and been designed in collaboration with
major international oil companies. It focuses on delivering
high-resolution seismic data in a prospective but underexplored
area north-west of the Shetland Isles over the northern part of the
Rona Ridge. A fast-track PreSDM data set will be available in Q1
2019.
The innovative acquisition
geometry is designed to image multiple targets from shallow
Tertiary and Cretaceous plays to complex fractured
Devono-Carboniferous reservoirs by undershooting the volcanic
intrusions and shallow unconformities present in the area. Two
vessels, the Oceanic Vega and the Geo Caribbean, are being
deployed. Each vessel operates triple sources using simultaneous
source technology.
The data will be processed in
depth using CGG's state-of-the-art broadband imaging technology,
including advanced de-blending and Full-Waveform Inversion velocity
modeling. The final data will be available in mid-2019.
Sophie Zurquiyah, CEO, CGG said:
"This survey is another example of CGG working closely with clients
to deliver the best possible subsurface images in a cost-effective
and timely manner. Until now, oil and gas companies interested in
the exploration potential of this part of the West Shetland Basin
have lacked high-quality seismic data. We expect our new
rich-azimuth images to reveal an unprecedented level of detail in
this exciting frontier area."
About CGG
CGG
(www.cgg.com) is a fully integrated Geoscience
company providing leading geological, geophysical and reservoir
capabilities to its broad base of customers primarily from the
global oil and gas industry. Through its three complementary
business divisions of Equipment, Acquisition and Geology,
Geophysics & Reservoir (GGR), CGG brings value across all
aspects of natural resource exploration and exploitation. CGG
employs around 5,300 people around the world, all with a Passion
for Geoscience and working together to deliver the best solutions
to its customers.
CGG is listed on
the Euronext Paris SA (ISIN: 0013181864) and the New York Stock
Exchange (in the form of American Depositary Shares. NYSE:
CGG).
Contacts
Group
Communications
Christophe Barnini
Tel: + 33 1 64 47 38 11
E-Mail: : invrelparis@cgg.com
|
Investor Relations
Catherine Leveau
Tel: +33 1 64 47 34 89
E-mail: : invrelparis@cgg.com
|
Press release pdf version
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Source: CGG via Globenewswire
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