FairfieldNodal Acquires Red Tank Fast-Track Data

Business & Finance

FairfieldNodal’s Red Tank acquisition project in the Delaware Basin continues to progress on schedule.

380 square miles of fast-track data are now available, completing this portion of the project.

Final PSTM data should be available mid-December 2017, and a PSDM product is expected in early Q1 2018.

The Red Tank multi-client survey, which began earlier this year, is in the heart of the New Mexico portion of the Delaware Basin. This 3D survey adds more than 380 square miles to the company’s regional contiguous database of 3,000 square miles.

The acquisition target for this survey is the Bone Spring through Wolfcamp formations, providing operators with crucial information they need to make the right decisions in these highly productive zones.