ION completes ArgentineSPAN data processing

July 9, 2009
ION Geophysical has completed the data processing and interpretation for its ArgentineSPAN basin-scale seismic program offshore Argentina.

Offshore staff

HOUSTON -- ION Geophysical has completed the data processing and interpretation for its ArgentineSPAN basin-scale seismic program offshore Argentina.

ArgentineSPAN contains approximately 11,800 km (7,332 mi) of new, regional data off the Argentine Southern Atlantic margin from the international boundary between Argentina and Uruguay to the southern tip of the Argentine mainland offshore Tierra del Fuego.

The program provides high-resolution images of prospective targets in all of the basins offshore Argentina and offers a new understanding of the petroleum systems and prospectivity of the offshore oil and gas potential for Argentina, the company says.

The program was sanctioned following an agreement signed at the end of 2007 between ENARSA (Energia Nacional de Argentina SA) and ION's subsidiary, GX Technology (GXT).

07/09/2009