CGG Completes Acquisition of Avalon 3D Seismic Survey in the Delaware Basin

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CGG Adds 282 Square Miles of State-of-the-Art 3D Seismic to its Library in the Prolific Delaware Basin

Paris, France – July 30, 2014

CGG has completed field acquisition of the 282 sq mile Avalon 3D seismic survey in Reeves and Loving Counties, Texas.  Completed in 61 days, the high-end 400-fold broadband data establishes a new standard in high-end acquisition. Targeting the Bone Springs, Wolfcamp and Cline formations in one of North America’s most prolific basins, the newly acquired data is part of a CGG-proprietary solution that ties the geophysical data to the geology using a multi-disciplinary approach. This data optimization package comprises advanced imaging, reservoir characterization and microseismic monitoring.

Luc Schlumberger, Executive Vice President, Multi-Client & New Ventures said:  "The acquisition, which utilized Sercel’s UNITE wireless system in combination with our HPVA technique and the patented EmphaSeis low-frequency sweep, was a significant success and together with our advanced imaging technology will enable us to better address the noise and statics challenges typical to the area. Looking forward, we expect the data optimization package to deliver results that enhance sweet spot detection and improve hazard avoidance, thus enabling our clients to optimize well placement and completion design to increase their overall return on investment."

About CGG

CGG (www.cgg.com) is a fully integrated Geoscience company providing leading geological, geophysical and reservoir capabilities to its broad base of customers primarily from the global oil and gas industry. Through its three complementary business divisions of Equipment, Acquisition and Geology, Geophysics & Reservoir (GGR), CGG brings value across all aspects of natural resource exploration and exploitation.

CGG employs 9,500 people around the world, all with a Passion for Geoscience and working together to deliver the best solutions to its customers.

News Source : CGG Completes Acquisition of Avalon 3D Seismic Survey in the Delaware Basin
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