ION opens data processing center in Perth

ION Geophysical Corp. (NYSE: IO) has established a GX Technology seismic data processing center in Perth, Australia.

Offshore staff

HOUSTON –ION Geophysical Corp. (NYSE: IO) has established a GX Technology seismic data processing center in Perth, Australia.

The new center offers seismic imaging services and technologies, including depth imaging and ION’s patent-pending WiBand broadband processing technology.

“The Australian northwest shelf is in transition from an exploration to development phase,” said Chris Usher, executive VP and COO of ION’s GeoScience division. “Production from these fields will continue for decades, and the challenge will be to monitor and manage field development for optimum recovery. We found that our customers operating there have been underserved in terms of high-end, quality seismic imaging, and we are pleased to open this center with material backlog.”

“We have seen a tremendous demand in the region for advanced imaging services, including pre-stack depth imaging, and high-quality seismic data, including our recently acquired 11,500 km 2D survey of Australia’s northwest shelf, known as WestraliaSPAN,” added Kelly Beauglehole, managing director of the new center.

7/24/2013

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