Schlumberger and Statoil Gulf of Mexico signed an agreement to license a large part of the WesternGeco Campeche wide-azimuth (WAZ) deepwater multiclient seismic survey in the southern Gulf of Mexico. The license also includes collaboration with WesternGeco in the seismic processing phase.
A fleet of eight vessels is conducting the survey in the Bay of Campeche for the three-year project. The project follows the Mexican government opening licensing rounds to non-government companies for the first time.
“We are pleased to have the opportunity to collaborate with Statoil in this breakthrough project, which is the first WAZ multiclient broadband survey in Mexican waters of the Gulf of Mexico,” said Maurice Nessim, president, WesternGeco. “The complexity of the geology in the Campeche requires wide-azimuth acquisition to image the subsalt effectively, and we are bringing all of our experience gained in the US Gulf of Mexico to deliver enhanced subsalt imaging to our clients.”
Last week at a special meeting, Cameron stockholders voted to approve the US$14.8 merger agreement with Schlumberger. The transaction remains subject to regulatory approvals and customary closing conditions, and is expected to close in Q1 2016.
Read more:
Stockholders say yes to CAM-SLB merger
Schlumberger to raise $6 billion for merger
Subscribe
