US-Atlantic OCS

By OGJ editors
HOUSTON, June 3 – Spectrum ASA, Oslo, plans to reprocess 19,000-line km of vintage 2D seismic shot in the Atlantic off the eastern US before the leasing and drilling moratorium was imposed in the mid-1980s.

The project attracted an unusually good level of oil and gas operator prefunding, Spectrum said.

The decision to reprocess is in response to the recent announcement by the Department of the Interior to begin the environmental analysis ahead of geological and geophysical activities off the US eastern seaboard. Spectrum noted that the Obama administration stated on Mar. 31 that it is ending a moratorium on drilling from the northern tip of Delaware to the central coast of Florida.

Spectrum has recently gained experience reprocessing nearly 30,000 line-km of vintage data from off the East Coast on a proprietary basis.