PGS has been awarded a high-end 3D exploration survey on March 17 by Lundin Energy Norway (and partners in PL1083) in the Barents Sea, where sparse node and high-density multi-sensor GeoStreamer seismic will be acquired simultaneously, building on the PGS productivity advantage.

PGS will deploy drop-nodes leased from Geospace Technologies and operate Ramform Hyperion as streamer vessel and Sanco Swift as source vessel with an ultra-wide source configuration. The survey polygon covers approximately 3,600 sq km, of which a subset will be covered with node seismic. The project will commence in late May 2021 with an anticipated duration of 75 days.

“We are very pleased to be awarded this milestone contract by Lundin Energy Norway,” Rune Olav Pedersen, president and CEO of PGS, said. “The survey set up in combination with node and streamer seismic will provide unique data quality in this complex geological province. We have carefully watched the node market for many years and evaluated several entry points. We believe this opportunity will provide us with invaluable experience and insight to the node business and we are confident project execution will be at par with our industry leading streamer seismic operations.”