ION to perform multi-client seismic surveys offshore Ireland, Peru

ION Geophysical Corporation is collaborating with Polarcus to acquire a new 4,000-sq km (1,544-sq mi) 3D multi-client seismic survey in the deepwater Southern Porcupine basin offshore southwest Ireland.

Apr 4th, 2014

Offshore staff

HOUSTON – ION Geophysical Corporation is collaborating with Polarcus to acquire a new 4,000-sq km (1,544-sq mi) 3D multi-client seismic survey in the deepwater Southern Porcupine basin offshore southwest Ireland.

The survey will leverage the geological knowledge gained from ION’s Northeast AtlanticSPAN 2D survey. Acquisition is expected to start in late June. Data is expected to be available in early 2015.

ION also has received permits to acquire 12,600 km (7,829 mi) of seismic data offshorePeru. The 2D multi-client survey, known as PeruSPAN, covers the offshore margin from the Talara basin in the north, to the Pisco basin in the south.

Acquisition is expected to start in 2014. Data will be processed by ION’s GX Technology group using its WiBand broadband processing technologies, with data deliveries expected to start in 2015.

The company has developed the program in cooperation with, and input from,PeruPetro, to increase geological knowledge to benefit the development of the Peruvian hydrocarbon industry.

Doug Allinson, vice president, Latin America for ION’s GeoVentures division, said: “PeruSPAN is the first regional, deep focused integrated geological and geophysical interpretation of the area and is designed to provide oil and gas companies with a strategic view of the basin and enhanced reservoir characterization of this promising area.”

04/04/2014

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