Ion Geophysical News

 

The next frontier

Dec 01, 2014

OE spoke with experts from CGG and Ion Geophysical to ascertain where the next frontiers of future offshore oil and gas exploration will be located. These areas are certain to blossom over the next five years. Here’s how the experts answered…

RSI gets GDF Suez Norge geophysical contract

Nov 10, 2014

GDF Suez Norge awarded RSI a three-year, US$2 million quantitative geophysical services frame agreement in Norway. The scope of the services covers geophysical well log analysis, rock physics, seismic reservoir characterization and electromagnetic inversion and integration.

Spectrum tapped for Peruvian seismic

Sep 24, 2014

Perupetro has contracted Spectrum for 2D seismic work prior to the country's international bid round on 12 December. Spectrum will reprocess approximately 13,000km of 2D multiclient regional seismic data covering the lease sale blocks for the Peruvian state-owned and regulatory body…

ION acquires 100% of OceanGeo

Jun 23, 2014

ION Geophysical Corporation announced today that it has entered into an agreement to increase its ownership of ocean bottom seismic (OBS) acquisition company OceanGeo B.V.  to 100%. ION acquired 30% of OceanGeo in February 2013 and increased its ownership to 70% in January 2014…

ION finalizes OceanGeo acquisition

Jun 17, 2014

Houston-based ION Geophysical Corp. has agreed to acquire 100% ownership of ocean bottom seismic acquisition company OceanGeo BV. In February 2013, ION acquired 30% of OceanGeo, then increased its ownership to 70% in January 2014…

Australia awards 9 offshore exploration permits

Jun 05, 2014

Industry Minister Ian Macfarlane announced the award of nine new permits located in Commonwealth waters offshore Western Australia, Victoria, and the Territory of Ashmore and Cartier Islands as part of round one of the Australian government’s 2013 Offshore Petroleum Exploration Acreage Release…

Libya's NOC plans regional seismic

May 30, 2014

The National Oil Corp. (NOC), the national oil company of Libya, has signed an agreement with ION Geophysical Corp. and North Africa Geophysical Exploration Co. (NAGECO) to acquire 21,000km of 2D seismic data in Libya. Known as LibyaSPAN…

ION inks PEMEX deal

May 05, 2014

ION Geophysical Corporation subsidiary GX Technology (GXT) group has been awarded a multi-year contract with Petroleos Mexicanos (PEMEX), the national oil company of Mexico. Under this contract, GXT is providing a broad range of seismic…

ION plans new 2D survey off Peru

Apr 04, 2014

ION Geophysical Corp. today announced it has been awarded permits to acquire 12,600km of seismic data offshore Peru. The 2D multi-client survey, known as PeruSPAN, covers the offshore margin from the Talara basin in the north, to the Pisco basin in the south…

ION, Polarcus to shoot Porcupine 3D off Ireland

Apr 04, 2014

ION Geophysical Corp. today announced it is collaborating with UAE-based Polarcus to acquire a new 4000sq km, 3D multi-client seismic survey offshore southwest Ireland, the first major survey of the significantly underexplored deepwater Southern Porcupine basin…

ION takes majority stake in OceanGeo

Jan 30, 2014

Houston-based ION Geophysical Corp. has increased its ownership interest in OceanGeo B.V., a geophysical company specializing in multicomponent ocean bottom seismic acquisition using ocean-bottom cables (OBC). ION now owns 70% of OceanGeo…

Voices: “What are the main technology trends for your sector this year?”

Jan 02, 2014

New year, new focus. OE asked, “What are the main technology trends for your sector this year?” In 2014, we expect to see an emphasis on automation and control systems to enhance rig efficiency and safety. Multi…

Applying real-time magnetic declination in arctic marine seismic acquisition

Dec 05, 2013

Marine seismic surveying in the Arctic presents many challenges. Conducting streamer surveys in the presence of high ice concentrations eliminates the ability to safely tow a conventional GPS tail buoy. When conducting 2D surveys under these conditions…

Understanding the ice environment is critical to Arctic success

Dec 03, 2013

Declining reserves from mature fields worldwide, the ongoing demand for oil, and retreating sea ice have brought a flurry of exploration activity to the Arctic. The US Geological Survey estimates undiscovered Arctic petroleum resources of 90 billion bbls of oil and 1…

SEG13: ION introduces Narwhal ice management system

Sep 26, 2013

ION Geophysical Corp. is showing its new Narwhal integrated ice management system at the 2013 SEG Annual Meeting in Houston this week. The tool is designed to improve seismic data acquisition and drilling operations, while operating in arctic environments and provides ice visualization…

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