Monday, August 4, 2008

PGS awarded major North Sea seismic campaign for StatoilHydro

Petroleum Geo-Services (PGS) has been awarded a contract for a series of seismic surveys to be conducted in the summer of 2009 for StatoilHydro in Norway.

Four of the company's seismic vessels will be involved in the surveys, giving a total contract value of around US$100 million. StatoilHydro will be the first customer for the ‘Ramform Sterling’, PGS' second new S-Class Ramform vessel, on schedule for delivery in July 2009. This vessel will operate with both steerable streamers and steerable sources in order to produce the highest possible repeatability for 4D surveys. A second high capacity Ramform vessel will be deployed for further HD4D work. A part of the campaign includes the use of a new PGS invention, the GeoStreamer. This new streamer system will be used in 3D mode and offers the customer enhanced resolution and deeper penetration resulting a higher quality, deghosted image. The system has the added advantage of being towed deeper than conventional streamers, offering extended operating windows in areas of variable weather such as in Northern Europe.
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