PGS and Ion Geophysical have agreed to create a joint 2D data exploration library that covers all the significant hydrocarbon provinces around the world.
PGS and Ion Geophysical have agreed to create a joint 2D data exploration library that covers all the significant hydrocarbon provinces around the world.
The joint data library will comprise nearly a million line kilometres of uniquely complementary data, including many areas of genuine broadband seismic data with potential for integration and reimaging.
Berit Osnes, PGS’ EVP, new ventures said the collaboration would draw on PGS’ broadband 2D GeoStreamer offering and ION’s latest imaging technology, to offer higher resolution and greater spatial coverage, providing deeper insights and more reliable pre-stack attributes for exploration screening on a global basis.
‘The combined 2D data libraries will provide E&P companies with a more efficient way to identify and high-grade attractive frontier investment opportunities,’ he said. ‘ION’s BasinSPAN offering is globally recognized as the benchmark tool for exploration insights at the basin-scale.
‘Referencing and integrating our GeoStreamer-enriched 2D data library into that framework will create a valuable opportunity to add resolution to that understanding.’
Ken Williamson, executive vice-president and chief operating officer of ION’s E&P technology and services group said: ‘PGS’ global framework of modern data, much of which was acquired with long offsets and GeoStreamer multi-sensor acquisition technology, is exceptionally compatible with ION’s BasinSPAN framework and will deepen basin characterization and insights for our customers. The collaboration extends beyond existing data to include new programme activity and the integration of third-party data where relevant.’
