BAKU, Azerbaijan - Caspian Geophysical, the joint venture between WesternGeco and the State Oil Company of Azerbaijan Republic, has successfully completed a multicomponent (4C) 3D seismic survey over Azerbaijan International Operating Company's (AIOC) Azeri field operated by BP.
While final processing is not completed, preliminary results indicate that the continuity of target horizons has been significantly improved. This is the first time that data beneath a mud volcano has been successfully imaged.
The improved images are expected to assist BP in reducing the number of wells to be drilled, and allow better positioning of wells with less non-productive time during drilling. Therefore, the field will be brought into production more rapidly, and AIOC will benefit by delivering the oil to the market faster.
On September 26, 2002, BP awarded Caspian Geophysical another contract for a 3D 4C seismic survey over the deep-water portion of the Gunashli field in the Azeri-Chirag-Gunashli PSA area. It is expected that acquisition of this survey will be completed during late December 2002 or early January 2003.
WesternGeco is a leader in integrated exploration and reservoir imaging services, providing worldwide seismic acquisition, processing, and multiclient surveys. WesternGeco is a joint venture between Schlumberger and Baker Hughes with headquarters near London.
More information can be found at: www.westerngeco.com
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For further information, contact:
Rhonda Boone
WesternGeco
Manager, Marketing Communications
Tel: 1 44 129 355 7132
rboone@gatwick.westerngeco.slb.com
Javid Mammadov
Caspian Geophysical
Marine Sales Account Manager
Tel: 1 994 12 970471
javidm@baku.caspian.slb.com
© Press Release 2006
