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    1. Geosciences

    ION, PGS enter 2D seismic data collaboration

    June 29, 2020
    PGS and ION Geophysical Corp. have agreed to collaborate globally on 2D exploration data.
    (Courtesy PGS)
    Both companies have multi-client data libraries that together cover all the significant hydrocarbon provinces around the world.
    Both companies have multi-client data libraries that together cover all the significant hydrocarbon provinces around the world.

    Offshore staff

    OSLO, Norway – PGS and ION Geophysical Corp. have signed an agreement to collaborate globally on 2D exploration data. 

    The new joint multi-client data library will comprise nearly 1 million line km of complementary data, including many areas of broadband seismic that have opportunity for integration and reimaging.

    Drawing on PGS broadband 2D GeoStreamer offering and ION’s latest imaging technology, the companies said they will produce enhanced deliverables with higher resolution and greater spatial coverage, offering deeper insights and more reliable pre-stack attributes for exploration screening on a global basis.

    The companies said they intend to develop an integrated seamless 2D seismic data library over time, creating a comprehensive, data-rich environment to inform exploration business decisions for E&P operators. The combined data library will be jointly marketed.

    Ken Williamson, executive vice president and COO of ION’s E&P Technology and Services group, said: “The collaboration extends beyond existing data to include new program activity and the integration of third-party data where relevant to further augment the value of the offering.”

    06/29/2020