HOUSTON -- FairfieldNodal and Schlumberger today announced a strategic multi-client joint venture in the southern Delaware basin of West Texas.
The area of mutual interest encompasses approximately 1,100 mi2. The first phase of the Coyanosa Survey will consist of approximately 306 mi2 of high-quality, 3D seismic data in Ward, Reeves and Pecos Counties, Texas. The resulting 3D data, for which non-exclusive licenses will be available, will tie into existing FairfieldNodal and WesternGeco 3D data to provide customers with contiguous data coverage in the southern Delaware basin.
“Under the present oil and gas market conditions, collaborations allow us to quickly and economically provide our customers not only high-end imaging solutions, but also an in-depth knowledge of the multiple reservoirs and drilling hazards that exist in the area,” said Maurice Nessim, president, WesternGeco, Schlumberger.
“FairfieldNodal has been very active in the Delaware basin, and this project is the logical next step for us,” added Charles (Chuck) Davison, CEO, FairfieldNodal. “WesternGeco will be a valuable partner in the success of this project, and we are excited to work with them to offer our clients a high-quality, turnkey product.”
Permitting, which is being conducted by International Technologies Management (ITM), is well underway and field operations will begin shortly. FairfieldNodal has begun designing and testing field-acquisition parameters; processing will be provided by WesternGeco. Other contributors include Dawson Geophysical, which will handle field acquisition, and TRNCO Petroleum, which will provide project management.
Data will be jointly licensed by FairfieldNodal and WesternGeco. Interested customers should contact their FairfieldNodal or WesternGeco sales representatives