Seismic survey specialist Polarcus has begun a new multi-client project over the Vulcan sub-basin, offshore Australia.
The Cygnus 3D Survey is being acquired with joint investment from Spectrum and DownUnder GeoSolutions, and is supported by industry funding.
The survey will comprise a minimum 4,000sq km and is designed to provide exploration companies with a basin-wide high quality broadband 3D seismic dataset over this proven hydrocarbon province.
Historically, sub-optimal acquisition and processing strategies have not been able to address the geological and geophysical challenges including the energy absorption and multiple issues caused by the thick late cretaceous-tertiary carbonates, according to Polarcus.
Polarcus, which is headquartered in Dubai, will use an XArray configuration. Processing will be done by DownUnder GeoSolutions through a broadband Pre-SDM workflow and final processed data will be available from quarter three in 2016.
The company said it has also received a memorandum of understanding from an undisclosed client for a 3D marine seismic project in South America.
The project will commence in early in 2016 and will run for approximately four months. A further seismic contract will begin in Quarter 3 2016.
This most recent award confirms that Polarcus will have two vessels operating in South America during 2016, acquiring five projects over approximately 14 vessel months, including the previously announced Brazilian projects.
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