Polarcus to acquire XArray seismic survey offshore Australia

Oct. 1, 2019
Polarcus has secured pre-funding for a multi-client XArray project offshore Australia.

Offshore staff

DUBAI, UAEPolarcus has secured pre-funding for a multi-client XArray project offshore Australia.

The survey is due to start in the current quarter and should take around two months to complete.

XArray is an acquisition configuration designed to take advantage of larger streamer spreads configured with multiple seismic sources to deliver improved, un-interpolated data.

In addition, Polarcus has exercised an option to extend its bareboat charter for the Vyacheslav Tikhonov (ex-Polarcus Selma).

The vessel is expected to be re-delivered next month on completion of a wide-azimuth project in the Americas.

The company has been discussing numerous potential projects for the vessel with its clients.

10/01/2019