Norway’s PGS Contracts for Offshore Egypt Survey

Norway’s PGS Contracts for Offshore Egypt Survey

Norway’s PGS has been awarded a high-fidelity 3D exploration survey program offshore Egypt by an unknown major oil company, according to a statement.

The survey will be acquired using an Extended Long Offset (ELO) configuration with the marine seismic acquisition vessel, Ramform Tethys, towing a wide multi-sensor GeoStreamer spread with an additional source vessel located several kilometers ahead. This will allow efficient recording of offsets up to 16 km critical for imaging deeper complex exploration targets.

The ELO survey allows for an optimal spatial sampling which in turn allows better subsurface imaging together with long offset acquisition for accurate velocity model building. It is also favored for its competitive price and efficient configuration compared to other solutions for imaging deep targets.

Nathan Oliver, Executive Vice President of Sales and Services at PGS, commented: “We are very pleased to be awarded this contract, which secures PGS vessels to operate in Egyptian waters until May 2021, building on an extended campaign for several super majors since July 2020. In a rapidly changing energy market, exploration seismic requires increasingly advanced survey designs, such as the ELO configuration, to generate high-quality seismic data in complex geologies.” 

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