Through the authorization of the Ministry of Energy and Minerals, the expected survey size is about 14,500 km (9,010 mi) but may vary based on input from participating clients.
Data is being acquired with a 12,000-m (39,370-ft) streamer with continuous recording to enable extended recording lengths and high fold data to enable full interpretation from Moho to water bottom. The data will be processed with PSTM, PSDM, and Broadband products with first deliveries expected in early 2Q 2018.
The new data will be used to assist the Ministry in placement and design of parcels for the future license rounds offshore Argentina.
Richie Miller, EVP Multi-Client Americas, said: “The strong support and interest Spectrum generated for the ongoing Argentine deepwater program allowed us to continue to build on our Argentinian multi-year program with the addition of the Austral Malvinas program.
“The industry appreciates the need for new, modern, long offset broadband data to help them evaluate the full potential of the area prior to the expected license round in 2H 2018. Spectrum expects to collect, process and deliver over 50,000 km [31,069 mi] of data to industry in time for these rounds.”
This survey is supported by industry funding.