Osprey Explorer wins extension in the Gulf of Mexico

SeaBird Exploration has received a 30-day extension for the Osprey Explorer, currently working on an ocean bottom node survey in the US Gulf of Mexico.

Offshore staff

LIMASSOL, CyprusSeaBird Exploration has received a 30-day extension for the Osprey Explorer, currently working on an ocean bottom node survey in the US Gulf of Mexico.

The extension brings the firm period of the contract to a total of 90 days.

In addition, SeaBird Exploration and its partner MCG have received an additional pre-funding commitment from an oil major for the ongoing multi-client 2D project in northwest Europe. The pre-funding commitment is based on a revised scope increasing the survey from 6,000 km to 16,000 km (3,728 mi to 9,942 mi).

Due to the planned increased survey scope and current inclement weather in the operative area, the survey has been suspended for the 2018 season. The survey is expected to re-commence in the first half of 2019, provided further pre-funding has been secured.

Also, SeaBird has won the contract for a proprietary 2D survey in northwest Europe. The project is due to begin imminently and will have a duration of about two weeks with an estimated contract value of $1 million. The company is expected to use theHarrier Explorer.

10/16/2018

More in Geosciences