Schlumberger enters cooperation agreement with Spectrum
Published by Joseph Green,
Editor
Oilfield Technology,
Spectrum has announced that it has entered into a cooperation agreement with Schlumberger to acquire 50% ownership in Spectrum’s Pelotas Multi-Client seismic program. The cooperation agreement includes more than 30 000 km of regional 2D seismic data in the new frontier Pelotas Basin, offshore Brazil.
The program includes the recently acquired Pelotas Phase 1 seismic acquisition, comprising 7438 km of 2D data. Pelotas Phase 2, currently being acquired, consists of up to 12 000 km of 2D data and more than 12 000 km of recently reprocessed regional 2D data.
The Pelotas Basin is an untapped hydrocarbon province comprising a 280 000 km2 passive margin located on the southeast coast of Brazil, bordering Uruguay to the south. Spectrum and Schlumberger will provide more than 30 000 km of data to the industry prior to the anticipated offering of the Pelotas Basin in the upcoming Bidding Round 13.
Adapted from press release by Joseph Green
Read the article online at: https://www.oilfieldtechnology.com/drilling-and-production/07052015/schlumberger-cooperation-agreement-spectrum-919/
You might also like
Closing the Loop on Sulphide Scavenger Management: A Complete Analysis Toolkit for MEA, MMA, and MIPA/MBO Chemistries
In the oil and gas sector, the management of hydrogen sulphide (H2S) is a perpetual balancing act. For years, MEA-triazine has been the industry workhorse – efficient, cost-effective, and generally well-understood. However, as operators push for greater efficiency and contend with varying production environments, the chemical landscape has shifted. The reliance on standard MEA-triazine has evolved into a more complex mix of chemistries, including methylamine (MMA-triazine) and monoisopropanolamine (MBO) formulations.