CGG Completes Encontrado Reprocessing Project (GoM)

French seismic player CGG has delivered data from its Encontrado multi-client merge project covering the Perdido fold belt to the industry and the Comision Nacional de Hidrocarburos (CNH) ahead of Mexico’s December licensing round.

According to the CGG, the ‘Fast Trax’ results are available now for license on a non-exclusive basis, with final imaging datasets expected in the summer of 2017.

The Encontrado reprocessing project is a merge of over 38,000 km2 of wide-azimuth data from over nine previously acquired and processed surveys, covering some of the most prospective areas of the Gulf of Mexico, including the Great White and Trion discovery to the north and Corfu and Ixcuta further south. Over 35,000 km2 of the data is in the Mexican Gulf of Mexico.

Jean-Georges Malcor, CEO, CGG, said: “At a time when Mexico is opening up its oil and gas sector to new players, CGG is capitalizing on the wealth of local experience it has gained in high-end deepwater acquisition and processing to help them make better decisions, faster. We have therefore timed delivery of our Encontrado Fast Trax results to give the industry a previously unavailable, very large regional overview of the exploration blocks being offered in Mexico’s Licensing Round based on ultramodern subsurface images.”