Schlumberger in three-party MOU for offshore Mexico exploration

Schlumberger in three-party MOU for offshore Mexico exploration

Houston: Schlumberger has entered into a three-party memorandum of understanding with Spectrum and PGS for cooperation in Mexico and Mexican waters.

The media release says the collaboration will acquire 80,000 to 100,000 km of modern, long-offset 2-D data encompassing major hydrocarbon provinces offshore Mexico.

This includes areas on offer for Mexico’s Round 1 in the Perdido Fold Belt, Mexican Ridges Province and Campeche Deep Sea Basin. It will also provide seamless coverage across the Yucatan Platform tying to Spectrum’s Big Wave programme in the eastern area of the US Gulf of Mexico.

Schlumberger, founded in France but now US based, supplies the industry with services such as seismic acquisition and processing, formation evaluation, well testing and directional drilling.

Spectrum is a Saudi Arabia-based offshore geotechnical investigation and geophysical site survey company.

And PGS (Petroleum Geo Services) is a Norwegian multinational offering seismic and electromagnetic services, data acquisition and reservoir analysis with a focus on finding oil and gas reserves worldwide.

Donal Scully

With 28 years experience writing and editing for newspapers in the UK and Hong Kong, Donal is now based in California from where he covers the Americas for Splash as well as ensuring the site is loaded through the Western Hemisphere timezone.

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