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Spectrum starts Brazilian Equatorial Margins program

Wednesday, April 25, 2012

Seismic survey company Spectrum has started a 15,000km 2D survey in Foz do Amazonas, in the Brazilian Equatorial Margins.

It will complete the survey in the 3rd quarter of 2012.

Altogether it will have collected over 27,000 km of long offset data in the region.

The program covers the blocks which are expected to be announced in the 11th license round in 2012.

The seismic survey program is supported by industry funding.

'Spectrum is excited to commence our third new survey in Brazil, adding needed data to an area that essentially has very little or no legacy data coverage at all," says Richie Miller, EVP North & South America with Spectrum.

"The excitement of the Zaudyus discovery in French Guiana has spurred excitement on the Brazil side of the Foz do Amazonas basin."

"This is Spectrum's second of six planned phases along the Equatorial Margin of Brazil and it is part of our strategic plan to grow our library in Brazil and Latin America'.

The seismic data will be acquired by the vessel Hawk Explorer with completion estimated during September 2012. The data will be processed at Spectrum's processing centre in Houston, with the final products scheduled for delivery during Q4 2012.


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