Polarcus and Spectrum team up for Aussie survey

Polarcus, Spectrum and DownUnder GeoSolutions are commencing a new multi-client project over the Vulcan Sub-basin, offshore Australia’s North West Shelf.

The survey is supported by industry funding and will comprise at least 4,000 sq. km, designed to provide exploration companies with a basin-wide high quality broadband 3D seismic dataset.

Polarcus will acquire the survey adjacent to Spectrum’s Cartier Main 3D survey, which was acquired in 2010, while processing will be done by DownUnder GeoSolutions with final processed data available from the third quarter of 2016.

Separately, Polarcus has received a memorandum of understanding from an undisclosed client for a 3D marine seismic project in South America, commencing in the first quarter of 2016 and running for approximately four months.

It also received an additional award from an undisclosed client for a 3D marine seismic project in South America commencing in the third quarter of 2016 and running for around three months.