Oil & Gas UK's Subsidiary Seeks Company for Seismic DataStore

Common Data Access (CDA), a wholly-owned subsidiary of Oil & Gas UK, is looking for a company to build and manage the Seismic DataStore, a centralized, state-of-the-art repository for seismic data gathered from the UK continental shelf (UKCS).

CDA will publish the invitation to tender (ITT) on July 21, 2008 with a view to awarding a contract before the end of this year and to the start-up of operations at the beginning of 2009.

Malcolm Fleming, CDA"s chief executive, said, "The Seismic DataStore will vastly speed up the retrieval of seismic data enabling companies to respond faster to license rounds and asset transfers, to reduce costs, accelerate new field developments and at the same time improve their chances of exploration success.

"The ability to download quality-assured seismic data in days or hours compared with the current performance of weeks or months will significantly increase the productivity of scarce, expert resources," Fleming continued.

"The Seismic DataStore concept specified in the ITT offers a robust mechanism for preserving a significant element of the scientific heritage of the UKCS but equally importantly makes the full range of quality-assured seismic data available for reprocessing and reinterpretation, contributing to the sustained development of the UKCS."