CGG and Fairfield Geotechnologies sign cooperation agreement for Austin Chalk survey
Published by Nicholas Woodroof,
The new 578-square-mile wide-azimuth survey, known as Bayou Boeuf, is designed to image the Austin Chalk play and provide a better understanding of the formations in this area which have recently regained industry interest.
The Bayou Boeuf survey provides coverage over the Avoyelles, Rapides, Evangeline and Saint Landry Parishes. Permitting is nearly complete and acquisition is expected to commence in September 2019.
Delivery of fast-track products and final results is expected for 1Q20 and 3Q20 respectively. The data will be processed by CGG using an advanced AVO-compliant sequence in order to ensure the final data is reservoir-ready, paving the way for a fast-track Reservoir Characterization Package (ResPack Fast) that will deliver key elastic rock property volumes to assist in further development of the reservoir.
Joe Dryer, President – Multi-Client Geosciences, Fairfield Geotechnologies, said: “This area has attracted attention from numerous oil and gas majors and large independents and is expected to be the anchor for additional survey growth. Both CGG and Fairfield Geotechnologies will be marketing this programme.”
Dechun Lin, EVP, Multi-Client & New Ventures, CGG, said: “The Austin Chalk is a prospective play that has been gaining interest among operators in the industry. The aim of our Bayou Boeuf survey is to provide a better understanding of the geology in the area, unlocking its potential. The combined expertise of our two companies, both of which are highly experienced at operating in challenging areas, working with the government and local communities, and delivering high-quality results, will ensure the success and industry value of this survey.”
Read the article online at: https://www.oilfieldtechnology.com/exploration/07062019/cgg-and-fairfield-geotechnologies-sign-cooperation-agreement-for-austin-chalk-survey/
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