ION Initiates New Reimaging Program Offshore Australia
ION Geophysical has announced a new 3D multi-client broadband reimaging program offshore Australia.
The North Vulcan 3D multi-client reimaging program covers the northern part of the Vulcan sub-basin offshore northwest Australia in an area known for complex imaging challenges.
The ~17,000 sq km program seamlessly integrates and reimages data from 15 vintage surveys using modern depth imaging. It builds on knowledge gained from ION’s regional 2D WestraliaSPAN survey and incorporates additional geophysical insight and geological interpretation to create a new image and subsurface understanding.
According to ION, there are a number of existing fields and discoveries as well as available acreage in upcoming license rounds within the boundary of the North Vulcan 3D multi-client reimaging program.
“Based on our recent proof of concept, we expect to reveal new subsurface insights and hope to breathe new life into this relatively underdeveloped area,” said Joe Gagliardi, senior vice president of ION’s E&P business development group. “The North Vulcan 3D reimaging program will be available to re-evaluate this complex province and inform investment decisions ahead of upcoming license rounds.”