CGGVeritas Has Conducted First BroadSeis Surveys Offshore China
November 07 2012 - 1:00AM
Business Wire
Regulatory News:
CGGVeritas (Paris:GA) (NYSE:CGV) has successfully conducted the
first 3D BroadSeisTM marine surveys to be recorded offshore China.
The deepwater surveys of two areas offshore Shenzhen in the east of
the South China Sea were awarded to CGGVeritas by Chinese seismic
services company, COSL (China Oilfield Services Limited), on behalf
of its parent company, the Chinese national oil company, CNOOC.
Data processing is already underway in the CGGVeritas Singapore
center and is expected to be delivered by the end of 2012.
The BroadSeis surveys were contracted to CGGVeritas under a
framework agreement for technical collaboration between CGGVeritas
and COSL with respect to BroadSeis, the CGGVeritas proprietary
marine broadband solution. CNOOC specifically identified BroadSeis
for the project in order to overcome the challenge of complex
imaging of both shallow and deep targets in the area.
The Viking II vessel, operating with eight x 8,100 m Sercel
Sentinel streamers equipped with Sercel Nautilus® streamer control
devices, acquired the approximately 1,000 sq km full-fold data over
the two survey areas which included the heavily congested HuiZhou
production area. The surveys were acquired a full ten days ahead of
schedule by minimizing the impact of seasonal weather patterns
through highly accurate typhoon prediction and managing uptime
through efficient operations. COSL and CNOOC congratulated the crew
on the successful completion of a high-quality dataset despite
significant operational challenges and without compromising
safety.
Yang Jing Hong, President of COSL Geo, said: “Successful
cooperation between COSL and CGGVeritas within this project not
only provides a ‘win-win’ situation for both contractors, it also
services the client with high technology and quality at a
competitive cost and makes significant contributions to the
advancement of geophysical technology.”
Jean-Georges Malcor, CEO, CGGVeritas, said: "CGGVeritas would
like to thank CNOOC and COSL for their confidence in our broadband
technology. These first 3D BroadSeis surveys acquired in Chinese
waters are doubly significant for CGGVeritas, marking a real
milestone in our history and boding extremely well for our future
activity in China. Together with the agreement we signed recently
with COSL for technical collaboration on BroadSeis and the prospect
of more BroadSeis surveys being commissioned in 2013, we are seeing
clear signs of increasing interest for broadband acquisition in
Chinese waters.”
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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