SCAN fleet in demand off Latin America

SCAN Geophysical has provided an update of the activities of its seismic acquisition fleet.

Offshore staff

OSLO --SCAN Geophysical has provided an update of the activities of its seismic acquisition fleet. So far this year, the company's three vessels have worked mainly for national oil companies in the South America region.

Some of the projects involved studies concerning the limits of the outer continental shelf, the results of which had to be submitted to the UN under the Convention on the Law of the Sea (UNCLOS) program.

In February, SCAN'sM/V Geo Searcher completed a 2,900-km (1,802-mi), 2D survey off Argentina for GX Technology, a subsidiary of ION Geophysical. Thereafter, it transferred to Chilean waters to conduct a 4,400-km (2,734-mi) 2D survey for the Chilean Ministry of Foreign Affairs, which finished in April.

Early this month, the vessel started a 2,500-km (1,553-mi) 2D survey for Petrobras in the Caribbean region. Work should be completed by mid-June.

TheM/V SCAN Resolution began acquiring a 2,800-sq km (1,081-sq mi) 3D survey last November for PDVSA, under the Dragon Norte program. The work should conclude on schedule by early July.

Finally, theM/V SCAN Stigandi acquired 10,000 km (6,214 mi) of 2D seismic for Petroecuador affiliate Petroproduccion between mid-January and mid-April. It is currently on station in block z-34 off northern Peru, finishing a 2,000-km (1,243-mi) 2D survey for Gold Oil Peru SAC.

The vessel will then enter drydock for class regulatory inspection of its propeller shaft and bearings.

05/15/2009

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