PEMEX Awards Seismic Data Processing Contract to GX Technology

February 24, 2010 at 9:38 pm 1 comment

ION Geophysical Corp. announced that its seismic imaging subsidiary, GX Technology (GXT), has been awarded a multi-year contract with Petroleos Mexicanos (PEMEX), the national oil company of Mexico. Under this contract, GXT will be delivering a broad range of seismic data processing and imaging services for multiple offshore and onshore projects during the next three years. To execute the work, GXT has established a local presence in Villahermosa, Mexico, where PEMEX’s exploration headquarters are located.

GXT will utilize its proprietary imaging technologies to process and interpret seismic data acquired on behalf of PEMEX, including in deepwater regions of the Gulf of Mexico, in highly complex subsalt areas, and in various onshore regions throughout Mexico. The scope of services includes velocity model building and pre-stack depth migration (PreSDM) using both beam migration and reverse time migration (RTM) techniques. By establishing a presence in Villahermosa, GXT professionals will be able to collaborate closely with their PEMEX counterparts on a daily basis in order to accelerate the interpretation of the imaging results and to identify new exploration and development drilling targets rapidly.

Jose Antonio Escalera, Sub-Director of Exploration Technology at PEMEX, commented: “PEMEX will be investing heavily in hydrocarbon exploration and development in the years ahead. Much of this investment will be directed at E&P projects in which the targets are located in complex geologic regimes, including in fractured carbonate and deepwater subsalt reservoirs. Processing these datasets requires the most advanced imaging techniques. GXT is well suited to help us address these challenges and have demonstrated their ability to deliver superior images within our required timeframes.”

www.iongeo.com

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Entry filed under: Geoscience & Exploration Solutions. Tags: , , , .

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1 Comment Add your own

  • 1. Micheal  |  September 24, 2014 at 8:58 pm

    The work will be executed via GXT’s Villahermosa, Mexico, and Houston offices and through its Houston high performance computing center. This multi-year contract award expands our existing services and demonstrates that PEMEX continues to derive value from our differentiated technologies and services.

    Reply

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