Seabird Exploration has two shallow-water 3D seismic vessels working in Southeast Asia: Voyager Explorer (4x6000m streamers) and Aquila Explorer (4x8000m streamers), although the Aquila Explorer is currently equipped for 2D acquisition. The Voyager Explorer joined the Seabird Exploration fleet in August 2011
According to SeaBird's Q3 report, Asia Pacific sales of US$19.8million accounted for 38% of total revenues and Voyager Explorer was fully utilized in the region, completing both a 3D survey and two source contracts during the quarter. MP G6 (Thailand) Ltd., used the Voyager Explorer to collect 269 FF of data offshore Thailand, in Block G6/48 in August.
The Aquila Explorer also completed a 2D survey for an oil company in Q3, and began a source contract in September which kept the vessel active into Q4. SeaBird also announced a scheduled engine overhaul and propulsion upgrade during Q4 for Aquila Explorer, which will improve power and reduce fuel consumption.
In November, SeaBird announced that the Voyager Explorer was awarded a contract from a national oil company in the Asia Pacific region. The US$16 million contract has an estimated duration of about 110 days and work was expected to begin in late November. Additionally, the Aquila Explorer has been awarded a 30-day, US$3 million contract also in the Asia Pacific region. This contract was to begin early December.
Based in Limassol, Cyprus, SeaBird Exploration plc has about 550 employees and maintains offices in Oslo, Dubai, Singapore, and Houston. With its fleet of nine seismic acquisition vessels, the company is a global provider of marine 2D and 3D seismic data for the oil and gas industry.
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