Tech News Summary:
- Shearwater GeoServices secures contract with ONGC for a study project in the Cauvery basin, located off the east coast of India.
- The project, set to commence in early 2024, will encompass an area of 4,600 km2 in the Bay of Bengal and will utilize Shearwater’s vessel SW Empress to conduct the study.
- This latest contract further solidifies Shearwater’s position as a leading provider of marine seismic services, particularly within the Indian offshore sector, and demonstrates the company’s commitment to advancing exploration with precision and care.
Shearwater Geoservices has secured a major 3D seismic survey project offshore India. The company will be conducting the high-density survey in the Krishna-Godavari basin, one of the country’s most prolific oil and gas producing regions.
The project, which is said to be one of the largest seismic surveys to be conducted in the region, will cover a vast area and will provide valuable data for oil and gas exploration and production in the area.
Shearwater has deployed its industry-leading vessel, the SW Amundsen, for the project. The vessel is equipped with state-of-the-art seismic technology and is capable of conducting large-scale surveys with high efficiency and precision.
The survey is expected to provide valuable insights into the subsurface geology of the Krishna-Godavari basin, which will in turn help oil and gas companies to better understand the potential hydrocarbon reserves in the area.
This major project underscores Shearwater’s position as a leading provider of marine geophysical services and highlights the company’s expertise in conducting large-scale, high-density seismic surveys in challenging offshore environments.
The project is also a testament to India’s growing importance in the global oil and gas industry and the continued interest in the exploration and production potential of its offshore basins.
Shearwater’s efficient and advanced seismic technology, combined with its experienced team of professionals, makes the company a trusted partner for oil and gas companies looking to unlock the potential of offshore reserves.