Veritas to Perform Wide-Azimuth Survey for BP in the Gulf of Mexico

Veritas DGC says that one of its subsidiaries has entered into an agreement with BP America Production Company, Houston to perform wide-azimuth seismic surveys in the deepwater Gulf of Mexico. The six-month program, which has a minimum value of over US $50 million, is expected to commence in the summer of 2006.

"New seismic acquisition techniques such as wide-azimuth can provide higher resolution imaging and greater detail of the subsurface, compared with standard methods," said Timothy L. Wells, President and Chief Operating Officer, Veritas. "In challenging environments with complex geology such as in the deepwater Gulf of Mexico, enhanced illumination from this breakthrough technique can provide our customers with information that is vital to successful exploration, reservoir delineation, and development. Veritas is the only company to date that has performed a towed-streamer wide-azimuth acquisition survey in the Gulf of Mexico".

The program consists of a series of towed-streamer 3D wide-azimuth surveys as well as a high-resolution 4D survey, all of which will be conducted in the deep waters of the Gulf of Mexico. Wide-azimuth towed-streamer seismic acquisition is a technique where multiple seismic sources from multiple vessels are combined through precise inter-vessel navigation and synchronized communications to provide acoustic illumination of the Earth's interior from multiple directions relative to the seismic receivers in the towed-streamers. This enhanced illumination allows for a deeper and richer view of subsurface geology through the use of state-of-the-art computer imaging techniques.