Sunday, May 6, 2018
ION Geophysical started the acquistion of a new 2D multi-client survey offshore Ghana. The survey is in partnership with Geoex and Ghana Geophysical.
ION and its partners will acquire up to 7,200 km of data in advance of the license round anticipated in late 2018 to help refine understanding of the hydrocarbon potential of the area. Similar to other ION BasinSPAN programs, West Equatorial AfricaSPAN was custom designed in collaboration with regional experts and clients to answer remaining geological questions with a survey tied to recent discoveries.
This data will be the first offshore Ghana to image 40 km below the seafloor.
In addition, ION’s Marlin operations optimization software will help maximize the safety and efficiency of the survey. Acquisition is expected to be completed at the end of May with Fast Track products available in Q3 2018 and final imaging products expected in Q1 2019.
The Ghanaian government is transitioning from an open-door system to its first competitive bid round due to the petroleum legislation passed in August 2016 making its petroleum resource management more transparent.