FAIRFIELDNODAL AND SCHLUMBERGER TEAM UP IN SOUTHERN DELAWARE BASIN

May 18, 2017

FairfieldNodal and Schlumberger today announced a strategic multiclient joint venture in the southern Delaware Basin of West Texas. The area of mutual interest encompasses approximately 1,100 square miles. The first phase of the Coyanosa Survey will consist of approximately 306 square miles of high-quality, 3D seismic data in Ward, Reeves and Pecos Counties, Texas. The resulting 3D data, for which non-exclusive licenses will be available, will tie into existing FairfieldNodal and WesternGeco 3D data to provide customers with contiguous data coverage in the southern Delaware Basin.
“Under the present oil and gas market conditions, collaborations allow us to quickly and economically provide our customers not only high-end imaging solutions, but also an in-depth knowledge of the multiple reservoirs and drilling hazards that exist in the area,” said Maurice Nessim, president, WesternGeco, Schlumberger. FairfieldNodal has begun designing and testing field-acquisition parameters; processing will be provided by WesternGeco. Other contributors include Dawson Geophysical, which will handle field acquisition, and TRNCO Petroleum, which will provide project management. Data will be jointly licensed by FairfieldNodal and WesternGeco. Privately held FairfieldNodal, a global leader in seismic nodal technology, designs and manufactures a complete range of revolutionary, true cable-free ZLand® and ZMarine® systems, and offers expert marine acquisition and data processing services. (Source and image: Schlumberger)

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