EASTERN CANADA – CGG AWARDED LARGE-SCALE IMAGING PROJECT IN THE ORPHAN BASIN
Subsurface Imaging, part of CGG’s Geoscience division, has been awarded a large-scale seismic imaging project in the offshore Orphan Basin in Eastern Canada by BHP.
In line with its continued investments in high-end imaging technology, supercomputing capacity and digitalization, CGG will employ its industry-leading FWI and least-squares migration algorithms over the entire survey area of more than 10,000 km². Through these advanced technologies and close collaboration with the client’s interpretation and imaging geophysicists, CGG fully commits to providing a step-change in subsurface imaging in a timely manner to support E&P investment decisions.
Tony Huang, VP, US Subsurface Imaging, CGG, said: “Major oil companies are increasingly seeking higher-quality seismic images to mitigate risks and improve success in both mature and frontier deepwater basins. Our consistent investments in people and imaging technology innovation through the seismic sector downturn have enabled CGG to continue to provide an unmatched level of services and image quality. This important award will further solidify our position as the leader in high-end seismic imaging.”
The Orphan Basin is an area approximately 400 km east-north-east of St. John’s, Newfoundland and Labrador in Canada.
In November 2018, BHP won rights for two exploration licenses in the basin with a successful bid amount of $625m in an auction held by the Canada-Newfoundland and Labrador Offshore Petroleum Board.