CGG and Fairfield Partner in the Permian

CGG and Fairfield Geotechnologies on Thursday reported that they have signed an agreement to jointly conduct a new multi-client seismic program to enhance drilling efforts in the Central Basin Platform (CBP) of the Permian Basin in West Texas.

“We are excited to collaborate with CGG in the further development of the Central Basin Platform,” Joe Dwyer, president of Fairfield’s Multi-Client Geosciences unit, commented in a written statement emailed to Rigzone. “This collaboration is part of our strategy to continue expanding on our strong position in the Permian Basin and demonstrates our continued commitment to the industry in providing high-end multi-client programs for the development of unconventional resources.”

According to CGG and Fairfield, the program comprises a series of large-scale, high-density seismic surveys across approximately 6,500 square miles of the CBP: a tectonically uplifted geological structure separating the deep Delaware Basin and the shallower Midland Basin.

The firms added the prospective Permian area – located in Andrews, Crane, Ector, Gaines and Upton counties – has garnered significant client interest. Moreover, they stated that industry prefunding is already supporting several surveys within the area covered by the CGG/Fairfield.

“Drawing on our combined expertise and experience, CGG and Fairfield Geotechnologies will define, design and implement this new program of wide-azimuth high-density surveys in order to deliver reservoir-ready data of the highest quality,” concluded Dechun Lin, executive vice president of CGG’s Multi-Client unit. “Interested industry players will gain unprecedented insight into the potential of this area within the Permian Basin, one of the most prolific regions in North America.”

To contact the author, email mveazey@rigzone.com.

 

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