ION Geophysical Corporation has started a new 2D multi-client reimaging program off the Pacific coast of Central America.
The Maya Reprocessing program covers unexplored open acreage that has not had E&P activity in 40 years. Previous exploration wells along the margin suggest the presence of an active petroleum system in the Pacific forearc basins.
E&P companies can use these data to evaluate the prospective areas identified from the reimaged data, ION noted.
The program covers ~9,000 km of data that extend from the Tehuantepec Basin of Southern Mexico to the Sandino Basin of Western Nicaragua and creates a calibrated data set.
The program is expected to be completed before the end of the year.
“ We have repeatedly proven the value we can deliver by seamlessly integrating and reimaging existing data sets, ” said Joe Gagliardi , senior vice president of ION’s E&P Business Development. “This approach provides a cost-effective way for our clients to evaluate prospectivity of new areas. A broad range of E&P companies are looking to add new low cost reserves to their portfolios and are interested in exploring some new frontiers.”