Shearwater GeoServices Holding AS is pleased to announce the award of three 4D seismic surveys by Equinor AS to be conducted this summer. The projects confirm Shearwater’s Isometrix crews will be active in 2019, on 4D projects in the North Sea and Barents Sea. Together with the recent announcement of 3 OBS 4Ds this brings Shearwater’s announced 2019 4D awards to 6 projects, confirming its market leading position in 4D.
Equinor has awarded Shearwater a multi-project contract, with three surveys to be conducted in 2019 at the Kvitebjørn & Valemon, Visund and Snøhvit fields. The first survey is scheduled to start in Q2 and the total duration for the three 2019 projects is estimated at around 3 months. The surveys will be conducted by Shearwater’s Amazon Conqueror and SW Amundsen.
“We see a clear increase in activity in the 4D market in 2019, and we are very pleased to see a leading purchaser of 4D seismic choosing Shearwater’s Isometrix technology for their 4D surveys. Shearwater has decades of innovation and crew experience in 4D and it is important to see this capability selected by established clients” said Irene Waage Basili, the CEO of Shearwater GeoServices.
Shearwater’s leadership in 4D is based on over 20 years investment and experience in 4D source and streamer position, fleet and towing equipment, and sensor technologies. Isometrix is the most advanced multi-component system developed allowing true 3D deghosting. Shearwater crews are appreciated for their high experience in 4D surveys.
About Shearwater
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 geophysical acquisition techniques, effective surveys and high-quality data. Shearwater has close to 600 employees, 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 Equinor
Equinor, is an international energy company with a proud history. Formerly Statoil, we are 20,000 committed colleagues developing oil, gas, wind and solar energy in more than 30 countries worldwide. We’re the largest operator in Norway, among the world’s largest offshore operators, and a growing force in renewables. Driven by our Nordic urge to explore beyond the horizon, and our dedication to safety, equality and sustainability, we’re building a global business on our values and the energy needs of the future.