CGG has been awarded three major seismic imaging projects by BP, two from the deepwater Gulf of Mexico and one from offshore Trinidad & Tobago.
These projects will start in first-/second- quarter this year and complete with cloud delivery of the data no later than fourth-quarter of 2021.
Utilizing CGG Cloud supercomputing, imaging specialists at CGG’s Houston subsurface imaging center will employ compute-intensive data-driven proprietary algorithms, such as time-lag full-waveform inversion and least-squares migration, to ensure timely delivery of the highest-quality images to better support renewal and development decisions.
“This high-profile set of awards demonstrates client demand for our best-in-class technology and service,” Colin Murdoch, CGG’s executive vice president of geoscience, said. “By consistently investing in our people, imaging technology innovation, and high-performance computing infrastructure during the pandemic crisis, CGG continues to provide an unmatched level of services and image quality as the recognized leader in high-end seismic imaging.”
The oil and gas rig count rose seven to 439 in the week to April 16, Baker Hughes Co. said in its weekly report.
Production starts at a Shell-operated venture in the Gulf of Mexico, a horizontal Woodford Shale completion in Pecos County, Texas, plus Crestone Peak Niobrara wells in Colorado’s Arapahoe County top this week’s oil and gas drilling activity highlights from around the world.
Trafigura and Puma Energy said in a joint statement on April 16 that Puma had also agreed to sell its Angolan business and assets to Sonangol for $600 million.