Searcher Seismic builds up Argentinian seismic database ahead of bidding round

Searcher Seismic, an independent seismic data acquisition company, has expanded its Argentinian multi-client library by offering over 97,000 km of seismic data and an analysis of offshore wells.

Searcher Seismic said on Wednesday that the release of its technical dataset comes in preparation for the highly anticipated Argentina Offshore Bidding Round 1, expected to be announced later this year.

According to the company, the Offshore Argentina Seismic and Well Database will give exploration companies the opportunity to consider their participation in the forthcoming round using a clean, comprehensive, and uniformed reference dataset.

The database includes Argentina and Surrounds Basin Analysis Report, the evaluation, risk segmentation and failure analysis of 71 offshore wells and the post-stack reprocessing of some 97,000 km of 2D seismic data and 1,800km2 of 3D data.

This latest release of data from Searcher Seismic is in addition to the Malvinas 2D Reprocessing project where Searcher is pre-STM reprocessing some 11,000 km of 2D seismic data over the Upper Jurassic/Lower Cretaceous Malvinas failed rift basin.

Alan Hopping, general manager for Searcher Seismic, said: “I believe the Offshore Argentina Seismic and Well Database coupled with our ongoing pre-stack 2D reprocessing package represents the best value proposition for our clients who are looking to evaluate their participation in the upcoming bid round.”