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Searcher joins seismic bonanza in Mexico with 17,000sqkm 3D seismic project

07 Apr 2016

Searcher Seismic is pleased to announce the South Campeche UltracubeTM 3D seismic reprocessing project offshore Mexico.

The seismic project, totalling approximately 17,700km2, is a merge of three existing surveys. The Holok Alvardo 3D (2003), the Cequi 3D (2010) and the Boloi Norte-Balche-Xulum 3D (2003).

South Campeche Ultracube - Mexico - web

Rachel Masters, Global Sales Manager for Searcher, said the project is located in one of Mexico’s most prominent offshore exploration areas, with several proven oil and gas discoveries.

“The new 3D Ultracube extends over 260 km in the southern part of the Campeche Bay area and will provide new depth imaging of the Southern Campeche – Sigsbee Basin and also parts of the offshore Comalcalco Basin.

“The southern part of Mexican Ridges in the Veracruz Basin are also covered by the new South Campeche Ultracube.

“An important factor to note, in this low oil-price environment, is 75% of the South Campeche Ultracube is located in waters less than 1000 metres in depth; with the shallowest water depth being approximately 30 metres,” Ms Masters added.

The South Campeche Ultracube includes coverage of areas in Rounds 2 and 3 and is competitively priced for oil companies to utilise in their exploration efforts.

The project incorporates a very thorough pre-stack imaging and post-stack processing sequence staged in two parts. Firstly, the pre-processing produces high S/N ratio, broadband data and secondly, imaging using TTI Kirchhoff and RTM technologies to properly image the subsurface, often with extensive salt pillows and diapirs.

ARES B approval has been granted and processing of the project will commence shortly.

Fast track products are expected to be available in approximately 6 months and final volumes will be available in Quarter 2, 2017.

Check out the seismic activity in Mexico over the last 12 months via Seisintel here.

Click here to explore Searcher's global multi-client data library.

For further information, please contact:

Rachel Masters

Global Sales Manager | +61 8 9327 0300 | sales@searcherseismic.com

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