CGG Buys Saturno Multi-Client Survey Over Santos Basin Offshore Brazil

(RTTNews) - CGG, a French integrated Geoscience company, announced Wednesday the acquisition of Saturno multi-client survey over Santos Basin Offshore Brazil.

The company announced the start of the large broadband 3D multi-client survey in the pre-salt area of the deepwater Santos Basin.

Santos VII (Saturno) will cover an area of over 13,900 km2, including the highly prospective Saturno prospect, a major pre-salt opportunity with no 3D seismic coverage to date. The BroadSeis dataset will be acquired in two phases between September 2016 and June 2017. It will be processed in CGG's Rio de Janeiro Subsurface Imaging center to provide state-of-the-art broadband images of Saturno using full-waveform inversion or FWI technology.

Fast-track products for the first phase will be available in spring 2017 and final products for both phases will be available in summer 2018.

Santos VII (Saturno) is the third phase in CGG's most ambitious pre-salt project to date, collectively known as the Santos Basin Trilogy. The two other components of the Santos Basin Trilogy project are Galaxy and Constellation.

The project is designed to make ultramodern seismic datasets available as quickly as possible to support each phase in the pre-salt evaluation process in anticipation of Brazil's next pre-salt licensing round.