Continental Focus, International Reach

ION and iSEISMIC Enter MoU

Monday, August 5, 2019

ION Geophysical entered into a MoU to collaborate on seabed acquisition technologies with iSEISMIC.

iSEISMIC plans to utilize the full suite of ION’s next generation 4Sea™ ocean bottom acquisition and imaging technology to deliver a step-change in the safety, efficiency, quality and turnaround time of seabed surveys.

For ION, the agreement will enable it to commercialize its new 4Sea technology and provides an opportunity to realize the benefits of our technology to acquire ocean bottom multi-client programs more quickly and cost-effectively with 4Sea and significantly an experienced service provider.

The companies are looking forward to successfully deploying 4Sea and significantly expanding the use of superior seabed data to enhance clients’ reservoir decision-making.