CGG and Fairfield Geotechnologies signed a cooperation agreement on June 6 to acquire a large-scale, multiclient survey in South Central Louisiana.
The new 578-square-mile wide-azimuth (WAZ) survey, known as Bayou Boeuf, is designed to image the Austin Chalk play and provide a better understanding of the formations in this area which have recently regained industry interest.
The Bayou Boeuf survey provides coverage over the Avoyelles, Rapides, Evangeline and Saint Landry parishes. Permitting is nearly complete and acquisition is expected to commence in September 2019.
Delivery of fast-track products and final results is expected for first-quarter and third-quarter 2020 respectively. The data will be processed by CGG using an advanced AVO-compliant sequence to ensure the final data is reservoir-ready, paving the way for a fast-track reservoir characterization package that will deliver key elastic rock property volumes to assist in further development of the reservoir.
“This area has attracted attention from numerous oil and gas majors and large independents and is expected to be the anchor for additional survey growth. Both CGG and Fairfield Geotechnologies will be marketing this program,” said Joe Dryer, president of multi-client geosciences at Fairfield Geotechnologies.
Exxon Mobil has signed collaboration agreements with six other companies to accelerate the development of Open Process Automation (OPA) systems on July 18.
McDermott International Inc. has been awarded a sizeable contract by Argentina-based YPF SA on July 19 to provide pre-FEED services for a five million tonnes per annum (MTPA) LNG liquefaction facility, with a potential expansion to 10 MTPA, at the Vaca Muerta Shale field in Argentina.
MAN Energy Solutions has been awarded a contract to support the FEED study of a subsea compression solution for the Chevron-operated Jansz-Io Field in Western Australia on July 17.