Shearwater GeoServices Holding AS announced the award of a 4D monitoring contract for towed streamer seismic acquisition in the Campos Basin offshore Brazil.
These 3D and 4D programs will be conducted over 9-months by the SW Empress, over the Marlim, Albacora, and Voador fields, starting in late Q2 2021.
4D time-lapse seismic monitoring is a key reservoir management tool. Shearwater is a technology and market leader in 4D towed streamer and ocean bottom seismic acquisition.
“Brazil has one of the most advanced programs of deepwater 4D seismic monitoring for reservoir management. This large 4D towed streamer seismic award by Petrobras adds significant backlog to the substantial programs already awarded to Shearwater in Brazil”, said Irene Waage Basili, the CEO of Shearwater GeoServices.
About Shearwater GeoServices Holding AS
Shearwater GeoServices Holding AS is a global, customer-focused and technology-driven provider of marine geophysical services. The company has the world’s largest fleet of high-end seismic vessels and a portfolio of proprietary technologies and software that provide customers with a full-range of towed streamer and ocean bottom geophysical acquisition techniques, efficient surveys and high-quality data. Shearwater has an industry-leading cost position and a strong balance sheet. Headquartered in Bergen, Norway, Shearwater is owned by RASMUSSENGRUPPEN AS, GC Rieber Shipping ASA, and Schlumberger.
About Petrobras
Petrobras has upwards of 100 production platforms, 16 refineries, 30,000 kilometers of pipelines and more than 6,000 service stations. Our proved reserves are around 14 billion barrels of oil, a figure expected to double in the next few years. With the discovery of oil and gas in the pre-salt region, Brazil may become the world's fourth biggest oil producer in 2030.
We have built a track record of overcoming challenges since 1953, when the company was created. The main one was developing technology to explore and produce oil in deep and ultra-deep waters, where upwards of 90% of our reserves are nestled. With innovation and daringness, we are now the Brazilian company that makes the applies for the most patents in Brazil and abroad.