ION Geophysical has won an exclusive agreement for 3D multi-client programmes offshore Kenya.
ION Geophysical has won an exclusive agreement for 3D multi-client programmes offshore Kenya. The agreement includes both 3D new acquisition offshore the Lamu Basin and reimaging vintage data offshore Kenya.
The company said that offshore Kenya is an attractive area with a proven petroleum system. However, it has remained underexplored, in part due to lack of available 3D data. The final shape and size of new 3D programmes will be dictated by client input and underwriting.
‘We are pleased Kenya’s Ministry of Energy and Petroleum selected ION to increase the understanding and promote the hydrocarbon potential of these offshore resources to attract future investment,’ said Joe Gagliardi, senior vice president of ION’s Ventures group. ‘The programme will leverage our extensive data library and knowledge offshore Kenya and East Africa. In an increasingly competitive environment for seismic data, we have geographic exclusivity in a promising, underexploited geography to execute our 3D strategy, for both new acquisition and reimaging programmes. Kenya represents a fourth significant opportunity to diversify our successful 3D reimaging, in addition to Mexico, Brazil and Mauritania.’
Meanwhile, the super major using ION’s Gemini extended frequency source on a proprietary survey has extended the deployment. The extension will nearly double the duration and area of the original programme.
Chris Usher, ION’s president and chief executive officer, said. ‘The survey extension is a significant vote of confidence by the super major and is now expected to wrap up in late May. In response to strong industry demand, we plan to increase Gemini capacity four-fold for programmes this summer.’
