SEITEL AND SCHLUMBERGER FORM STRATEGIC ALLIANCE IN MEXICO
Schlumberger and Seitel today announced a strategic multiclient alliance to reimage and acquire new geophysical data in key areas across onshore Mexico. Approximately 25,000 kilometers of 2D seismic data from Mexico’s National Hydrocarbons Commission (CNH) data library will be reimaged covering lease blocks in the current Bid Round 2, as well as future onshore lease round blocks. In addition, new multiclient data acquisition projects are already in development.The newly reprocessed seismic data and any new acquisition projects will provide subsurface images of proven oil and gas reservoirs in the Sabina-Burgos, Tampico-Misantla, Veracruz and Sureste areas, as well as the under-explored Chihuahua province, and other strategic areas. The reimaging program covers both conventional and unconventional onshore lease blocks in the areas.
“In 2015, Seitel was one of the first companies to expand its data library coverage into Mexico, and we have seen great enthusiasm from our customers for the onshore data already available for license,” said Seitel Chief Executive Officer, Robert D. Monson. “We are excited to form this alliance with Schlumberger as we continue to expand our library and continue to provide additional value to our customers.”
Seitel has ownership in an extensive library of proprietary onshore and offshore seismic data that it has accumulated since 1982 and that it licenses to a wide range of exploration and production companies. (Source: SLB)