Petroproduccion lets seismic contract for off Ecuador

Petroproduccion inked an agreement for Scan Geophysical to implement a 2D seismic program off Ecuador in support of the government's plan to develop hydrocarbon prospects in the region.

By OGJ editors
HOUSTON, Nov. 17 -- Petroproduccion, an affiliate of Petroecuador, has issued a letter of agreement for Scan Geophysical ASA to implement a major 2D seismic program off Ecuador in support of the government's plan to develop hydrocarbon prospects in the region.

The agreement calls for Scan Geophysical to shoot about 10,000 km of 2D marine acquisition in waters along most of the Ecuadorian coast, focusing on basins in Esmeraldas, Manabi, Guayas, and Santa Elena provinces. The agreement is subject to the parties finalizing a mutually agreeable contract.

The seismic program will be acquired utilizing Scan Geophysical's new, technologically advanced vessel and onboard seismic equipment, including 8,000 m towed solid streamer.

Amistad gas field off the southwestern coast is Ecuador's only Pacific offshore production, but several operators have drilled discoveries and established production to the south off Peru's northwest coast.

Scan Geophysical also reported receipt of a contract from GX Technology (GXT) a subsidiary of Ion Geophysical, Oslo, to acquire as much as 8,000 km of long offset 2D data off Argentina, part of which will be used to complete GXT's ArgentineSpan program. The two companies agreed to mobilize Scan Geophysical's high-capacity 2D vessel M-V Geo Searcher. Data acquisition is scheduled to begin immediately upon the vessel's arrival in Argentina.

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