CGG to Begin Barreirinhas Basin Survey in November

French oil services firm CGG announced Thursday that it has received all the necessary permits to start acquiring the industry’s first regional broadband seismic survey of the Barreirinhas Basin in the Equatorial Margin of northern Brazil.

The survey, which is due to begin in early November, will cover around 5,600 square miles and initial results are expected from May next year. CGG’s latest survey will be acquired by the Oceanic Vega vessel, which was launched in 2010.

Jean-Georges Malcor, CGG CEO, commented in a company statement:

“CGG has responded to significant client interest in the potential of the Barreirinhas Basin with an ambitious program for a new benchmark broadband regional survey. BroadSeis has provided significant insight to explorers in the Atlantic and Equatorial margins of Brazil, and is the natural choice for our MegaBar survey. With over 50 years of operating history in Brazil, CGG is as dedicated as ever to supporting Brazil’s exploration, development and production challenges and believes that this new regional seismic data set will offer an excellent opportunity to understand the geological potential of this new frontier.”

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