Shearwater, WesternGeco sign pact for seismic services

Shearwater GeoServices on September 14 announced an agreement with WesternGeco for seismic acquisition services and an Australia survey award. 

“The new frame agreement with WesternGeco enables both companies to move quickly to respond to client needs and market opportunities,” said Irene Waage Basili, CEO of Shearwater. “With our fleet of modern seismic vessels and global reach, we can efficiently scale up to meet client requirements as demand increases.”

The survey award, in the Bonaparte basin offshore Australia, will last approximately two-and-a-half months and will be conducted by the Geo Coral, equipped with a multi-component sensor system. The survey is subject to regulatory approvals in Australia.

The objective of the proposed seismic survey is to provide an improved subsurface image of the eastern flank of the Vulcan sub-basin and Londonderry High. The new data will provide an improved understanding of the subsurface, which to date has been limited due to legacy surveys being unable to resolve shallow carbonate intervals and complex faulting, the company said.