ION announces new multi-client programme offshore Central America

ION Geophysical has announced a new 2D multi-client reimaging programme off the Pacific coast of Central America.

The Maya Reprocessing programme covers unexplored open acreage which has not had E&P activity in 40 years.

Previous exploration wells along the margin suggest the presence of an active petroleum system in the Pacific forearc basins.

E&P companies can use these data to evaluate the prospective areas identified from the reimaged data.

The programme covers 9,000 kilometres of which that extend from the Tehuantepec Basin of Southern Mexico to the Sandino Basin of Western Nicaragua and creates a calibrated data set.

The programme is expected to be completed before the end of the year.

‘We have repeatedly proven the value we can deliver by seamlessly integrating and reimaging existing data sets,’ said Joe Gagliardi, Senior Vice President of ION’s E&P Business Development.

‘This approach provides a cost-effective way for our clients to evaluate prospectivity of new areas.  A broad range of E&P companies are looking to add new low cost reserves to their portfolios and are interested in exploring some new frontiers.’ 

Source: Energy-pedia