ION Expands 2D Multi-client Program Offshore

June 14, 2019

Image: ION
Image: ION

ION Geophysical Corporation, a technology focused company that provides geophysical technology, services and solutions to the global oil and gas industry, has announced an expansion to the company's 2D multi-client programme offshore Newfoundland, Canada.

Due to continued client interest, the second phase of GrandSPAN has now more than doubled in size from last year’s expectation to nearly 11,000 km.  

The industry-supported program is designed to both augment the results from the initial phase of the program acquired in 2018 and combine the regional program with two other ION BasinSPAN programs on the eastern Canadian margin, creating a contiguous regional seismic data set in excess of 30,000 km offshore northeast Canada.  

Acquisition began in June with initial deliverables becoming available starting July 2019 to be of value ahead of the upcoming lease rounds.

“The program is intended to further improve the understanding of hydrocarbon potential, extend known plays into new areas and de-risk new play types and exploration investments,” said Joe Gagliardi, Senior Vice President of ION’s Ventures group.  

“With proven producing basins and under-explored proven basins, northeast Canada presents an attractive opportunity for near-field explorers to utilize existing infrastructure and technology in the area.  The second phase of the program will tie at least 12 additional key wells, joining the 46 already incorporated into the program, to enable customers to correlate current producing discoveries to new exploration ideas,” Joe added.



Current News

Ashtead Supports Subsea Template Installs

Ashtead Supports Subsea Template Installs

Norway Mulls Blocking Prosafe's Floatel Acquisition

Norway Mulls Blocking Prosafe's Floatel Acquisition

Connector Subsea Solutions Acquires MORGRIP

Connector Subsea Solutions Acquires MORGRIP

CannSeal Debuts Mobile Mixer Technology

CannSeal Debuts Mobile Mixer Technology

Oil Soars 10%

Oil Soars 10%

Tullow to Drill at Least 3 New Guyana Wells in 2020

Tullow to Drill at Least 3 New Guyana Wells in 2020

ExxonMobil Reports Discovery Offshore Guyana

ExxonMobil Reports Discovery Offshore Guyana

Subscribe for OE Digital E‑News

OE Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week