Spectrum has commenced a 3,600 kilometer Multi-Client 2D seismic survey offshore Uruguay.
The new acquisition program will infill Spectrum's survey acquired in 2013 and cover open, ultra deep water acreage in the Oriental del Plata and Pelotas basins, anticipating the third licensing round in Uruguay expected to be held in 2015.
The data is being collected by the vessel BGP Challenger and will be processed in Spectrum's processing center in Houston. PreSTM and PreSDM data will be available early in Q2 2015.
Richie Miller, EVP Multi-Client North & South America, comments: "Continuing on with our strong relationship with ANCAP, Spectrum will be providing new long-offset data for the upcoming Round 3 in 2015. Following on from the successful 2013 survey, we are confident that this infill project will be well received by industry and provide the needed information for a successful round next year.."
The survey is supported by industry funding.
About Spectrum
Spectrum is an established pure-play Multi-Client services company. The company was initially founded in 1986 and was listed on the OSLO Axess exchange in 2008. In 2012 this listing was transferred to the Oslo Stock Exchange (OSE).
The Spectrum Group has built on the company’s reputation as a reliable seismic service provider and serves a global clientele. The Group provides innovative Multi-Client Services and high quality Seismic Imaging from regional offices in the UK, the USA, Norway, Singapore and Australia. The Spectrum Group also includes substantial regional processing centres in Cairo and Jakarta.
The group’s corporate vision is to deliver world leading Multi-Client Services and Seismic Imaging through persistence, dedication and commitment to quality.