BP commits to major investment in North Sea seismic Industry
BP awarded a four-year contract to CGG expected to be worth in the region of $10 million for the processing of a new generation of field seismic data.
The technique, which is known as 4D, represents the next step in seismic technology in which 3D data is tuned for hydrocarbons, water and pressure
recognition and is regularly shot to track the movement of oil, gas and water.
The aim is to expand the understanding of where oil and gas is being left behind in the reservoirs so that drilling can be better targeted and the life of producing fields can be extended.
The 4D seismic data processing, which will have a substantial UK content, will be carried out by CGG, a market leader in 4D Seismic Processing Technology, in BP's Aberdeen office.
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