ION & PGS Announce Global 2D Exploration Collaboration

Source: www.gulfoilandgas.com 6/29/2020, Location: North America

ION Geophysical Corporation (IO) and PGS announced an agreement to collaborate globally on 2D exploration data. Both companies have modern, high-quality multi-client data libraries that together cover all the significant hydrocarbon provinces around the world. The new joint data library will comprise nearly a million kilometers of uniquely complementary data, including many areas of genuine broadband seismic, that have substantial opportunity for integration and reimaging. Drawing on ION’s latest imaging technology and PGS’ broadband 2D GeoStreamer® offering, the companies will produce enhanced deliverables with higher resolution and greater spatial coverage, offering deeper insights and more reliable pre-stack attributes for exploration screening on a global basis. ION and PGS intend to develop an integrated seamless 2D seismic data library over time, creating a comprehensive, data-rich environment to inform exploration business decisions for E&P operators. The combined data library will be jointly marketed.

“The combined 2D data libraries will provide E&P companies with a more efficient way to identify and high-grade attractive frontier investment opportunities,” said Berit Osnes, PGS’ EVP, New Ventures. “ION’s BasinSPAN™ offering is globally recognized as the benchmark tool for exploration insights at the basin-scale. Referencing and integrating our GeoStreamer enriched 2D data library into that framework will create a valuable opportunity to add resolution to that understanding.”

“PGS’ global framework of modern data, much of which was acquired with long offsets and GeoStreamer multi-sensor acquisition technology, is exceptionally compatible to integrate with ION’s BasinSPAN framework to deepen basin characterization and insights for our customers,” said Ken Williamson, Executive Vice President and Chief Operating Officer of ION’s E&P Technology and Services group. “The collaboration extends beyond existing data to include new program activity and the integration of third-party data where relevant to further augment the value of the offering.”


Ivory Coast (Cote D'Ivoire) >>  6/28/2022 - This extra 3 188 sq. km of 3D seismic data targets open acreage, which extends continuous MegaSurvey data coverage from Côte d'Ivoire to Nigeria, targ...
United Kingdom >>  6/28/2022 - TGS, a global provider of energy data and intelligence, today announced a new seismic reprocessing project designed to secure exploration success in t...

Australia >>  6/27/2022 - Highlights
• Tamboran has commenced an 85-kilometre 2D seismic acquisition program within its 100 per cent owned and operated EP 136 acreage, as...

United States >>  6/27/2022 - Highlights
- Licensing agreement signed with SAExploration, Inc. (SAE) for use of SAE's Franklin Bluffs 3D seismic survey data (FB3D), covering ...


Mauritania >>  6/23/2022 - ION Geophysical Corporation has completed the reprocessing and reimaging of approximately 19,100 km² of 3D seismic data offshore West Africa for its M...
Nigeria >>  6/21/2022 - PGS is awarded a significant acquisition contract, consisting of several 4D surveys, by an international oil company offshore West Africa. Acquisition...




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