CGGVeritas Announces First GOM FAZ Survey with StagSeis Subsalt Imaging Breakthrough
17 Juillet 2012 - 7:30AM
Business Wire
Regulatory News:
CGGVeritas (Paris:GA) (NYSE:CGV) announced today that it has
started acquiring its first StagSeisTM dual-vessel, long-offset
multi-client full-azimuth (FAZ) survey in the Keathley Canyon area
of the US Gulf of Mexico (GOM).
This 221-block (5150 sq km) full-fold 3D seismic data survey,
known as IBALT, will take approximately 6-7 months to acquire and
is the first phase in a multi-client program that CGGVeritas will
conduct in the Gulf of Mexico over the next few years. A Fast Track
data volume is expected to be available by mid-2013 and TTI RTM
data will be the primary deliverable in the second half of
2013.
The survey will benefit from the improved illumination and
penetration capabilities of StagSeis, a CGGVeritas new-generation
acquisition and imaging solution designed to deliver the very best
seismic images of complex structures such as the subsalt structures
of the Gulf of Mexico. The combination of its patented acquisition
design, based on a staggered vessel configuration, very long
offsets (up to 20 km) and full-azimuth coverage (up to 10 km), with
BroadSeisTM, the CGGVeritas broadband marine solution, will achieve
better deep imaging of pre-salt plays than ever before.
Jean-Georges Malcor, CEO, CGGVeritas, said: “CGGVeritas has
always been at the forefront of developing and applying the most
advanced seismic technologies in the Gulf of Mexico where we have a
very strong multi-client data library. After being the first to use
wide-azimuth technology in the Gulf of Mexico five years ago, we
are proud to go one step further with the introduction of StagSeis.
Its power to illuminate under the salt heralds a new era for
subsalt exploration in the most challenging areas and is especially
suited to large-scale multi-client surveys such as IBALT.”
About CGGVeritas
CGGVeritas (www.cggveritas.com) is a leading international
pure-play geophysical company delivering a wide range of
technologies, services and equipment through Sercel, to its broad
base of customers mainly throughout the global oil and gas
industry.
CGGVeritas is listed on the Euronext Paris (ISIN: 0000120164)
and the New York Stock Exchange (in the form of American Depositary
Shares, NYSE: CGV).
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