In the first phase of GrandSPAN, ION will acquire about 10,000 km (6,214 mi) of data with an expectation to sanction a second phase of about 5,000 km (3,107 mi) of data farther south in 2019.
The industry-supported program is designed to investigate the architecture, evaluate the petroleum potential of proven basins, and understand the geologic differences between producing and non-producing areas.
GrandSPAN will integrate with two other ION BasinSPAN programs in the area, providing a contiguous regional seismic data set of more than 20,000 km (12,427 mi) offshore northeastCanada.
ION expects acquisition to begin this summer with initial deliverables available in 3Q 2018.
