CGG: Conducts Innovative Rich-Azimuth Multi-Client Survey NW of Shetland
September 17 2018 - 1:31AM
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 BarniniTel: + 33 1 64 47 38
11E-Mail: : invrelparis@cgg.com |
Investor RelationsCatherine LeveauTel: +33 1 64 47 34
89E-mail: : invrelparis@cgg.com |
- Press release pdf version.pdf