GX Technology charters GXT seismic vessel

GX Technology (GXT) has signed a long-term contract with Spectrum for the 12-month charter of the GGS Atlantic seismic vessel.

Jul 11th, 2008

Offshore staff

WOKING, UK -- GX Technology (GXT) has signed a long-term contract with Spectrum for the 12-month charter of the GGS Atlantic seismic vessel.

TheGGS-Atlantic will acquire long-offset 2D seismic data for ION GXT's BasinSPAN program, a portfolio of global, ultra-deep seismic data.

Spectrum will increase the source array capacity of theGGS Atlantic to satisfy GXT's requirements, with an investment of approximately $1 million.

TheGGS Atlantic will begin work for GXT when the current KNOC project offshore Yemen is completed, around the beginning of August.

The contract includes a 12-month option extension and allows for the vessel to complete a Reliance Industries Ltd. contract off the east coast of India. This is a contractual obligation of Spectrum's former parent company GGS ASA.

07/11/2008

More in Geosciences
The MV Investigator will conduct the NJOM-3 well site survey on the Thali license offshore Cameroon.
Geoquip to conduct well site survey offshore Cameroon
Tower Resources plc and its subsidiary, Tower Resources Cameroon SA, have contracted Geoquip Marine Operations AG to conduct the site survey at the proposed NJOM-3 well location on the Thali license offshore Cameroon.
Nov 1st, 2019
The 4D marine seismic acquisition project offshore West Africa is expected to start before the end of the year.
Polarcus nets 4D seismic project offshore West Africa
Polarcus Ltd. has received an award for a 4D marine seismic acquisition project offshore West Africa.
Oct 30th, 2019
The Malvinas 3D survey will cover about 7,300 sq km (2,819 sq mi) over the Malvinas basin offshore Argentina.
TGS books 3D multi-client survey offshore Argentina
TGS expects to start a new 3D multi-client project offshore Argentina before the end of the year.
Oct 30th, 2019
Websiteimage Sunset
Europa aiming for Inishkea site survey next summer
The site survey process for a drilling location at the Inishkea prospect offshore northwest Ireland continues, according to operator Europa Oil & Gas.
Oct 29th, 2019
Websiteimage Sunset
EMGS lands offshore Norway EM multi-client data deal
Electromagnetic Geoservices ASA has signed an $8-million multi-client contract with an undisclosed customer.
Oct 28th, 2019
Manta ocean bottom nodes are designed to operate in water depths up to 3,000 m (9,842 ft).
Fugro geo-crews active in the Atlantic, Middle East
Fugro’s Seabed Geosolutions division had four offshore crews active during 3Q 2019.
Oct 25th, 2019
Location of The Gambia licences (left) and A2 and A5 prospects and leads (right).
FAR working up offshore Gambia drilling prospects
FAR has completed geotechnical studies on its blocks A2 and A5 offshore The Gambia incorporating results from last year’s unsuccessful Samo-1 exploration well.
Oct 24th, 2019
The latest XArray project offshore Australia is expected to start in 1Q 2020.
Polarcus extends XArray seismic campaign offshore Australia
Polarcus has secured a further XArray marine seismic acquisition contract offshore Australia.
Oct 24th, 2019
Location of the Utsira ocean bottom node survey in the Norwegian North Sea.
Utsira OBN survey completed offshore Norway
Axxis Geo Solutions and joint venture partner TGS have completed the 1,600-sq km (618-sq mi) Utsira multi-client ocean bottom node survey in the Norwegian North Sea.
Oct 23rd, 2019
The new study is said to provide a detailed understanding of the basins and hydrocarbon potential of the region, with extensive coverage of the Cape Vogel, Bougainville, and New Ireland basins.
Offshore Papua New Guinea survey reveals multiple plays in northern basins
Searcher Seismic has completed its Northern Basins prospectivity study offshore Papua New Guinea, in co-operation with Discover Geoscience.
Oct 22nd, 2019
Uruguay open round offshore blocks.
Uruguay open round presents unique offshore frontier opportunity
Uruguay is a reliable and stable country with above-ground risks minimized, which counterbalances the high exploratory risk.
Oct 21st, 2019
Prospects mapped in Lebanon share the same trends as those discoveries in the Eastern Mediterranean.
Lebanon offering more offshore blocks as majors prepare to start drilling
Lebanon has opened more offshore blocks to exploration under the country’s second licensing round.
Oct 21st, 2019
Technological advances have now made FWI computationally feasible for 3D field schematic applications.
Cloud-based Full Waveform Inversion systems provides next stage of earth model building
Until recently, the industry’s service sector has not made many advances in data-driven automated earth model building from raw exploration seismic data. But thankfully, that has now changed.
Oct 21st, 2019
Websiteimage Sunset
Seabed Geosolutions books deepwater 3D OBN survey off Brazil
Seabed Geosolutions has secured a letter of award to provide a 3D ocean bottom node survey in 2,000 m (6,566 ft) of water in the Santos basin.
Oct 21st, 2019