Viridien and SLB complete the data acquisition for a multi-client survey in Bonaparte Basin, offshore Australia

Rhea-AI Summary

Viridien and SLB have completed a new multi-client survey in the Bonaparte Basin, offshore Australia, covering approximately 6,760 sq km. The ultramodern PSDM seismic data acquisition, which received industry support and prefunding, aims to evaluate this prospective yet underexplored area. The final processed data will be available in Q2 2025.

The survey addresses historical imaging challenges in this complex geological area, characterized by carbonates and shallow water. The project utilized Sercel Sentinel MS multi-component streamers and the Sercel QuietSea marine mammal monitoring system. Notably, the survey area partially covers a recently awarded carbon storage block, permit G-13-AP.

Paris, France – October 24, 2024

Viridien and SLB have recently completed the acquisition of a new multi-client survey in the Bonaparte Basin, off the NW coast of Australia, that has received industry support and prefunding. The resulting ~6,760 sq km ultramodern PSDM seismic data set will provide a thorough evaluation of this highly prospective and underexplored area to improve industry understanding. The data is currently being processed and the final data will be available in Q2 2025.

The complex geological area has been historically challenging to image due to the presence of carbonates and the shallow water. The new survey will provide modern, high-quality data over an area lacking recent, or any 3D data. The data also partially covers a carbon storage block, recently awarded as permit G-13-AP. The survey deployed Sercel Sentinel MS multi-component streamers and the Sercel QuietSea marine mammal monitoring system.

Dechun Lin, EVP, Earth Data, Viridien, said: “We are delighted to have partnered with SLB for the first time in Australia to successfully complete this large data acquisition project. The new high-quality data set will give interested players greater insight into the exploration and carbon storage potential of this promising area. We will continue to look for opportunities to invest in the country.”

About Viridien:

Viridien (www.viridiengroup.com) is an advanced technology, digital and Earth data company that pushes the boundaries of science for a more prosperous and sustainable future. With our ingenuity, drive and deep curiosity we discover new insights, innovations, and solutions that efficiently and responsibly resolve complex natural resource, digital, energy transition and infrastructure challenges. Viridien employs around 3,500 people worldwide and is listed as VIRI on the Euronext Paris SA (ISIN: FR001400PVN6).

Contacts

Investor Relations Jean-Baptiste Roussille Tel: + 33 6 14 51 09 88 E-Mail: jean-baptiste.roussille@viridiengroup.com

Attachment

• Viridien & SLBcomplete the data acquisition

FAQ

When will the Bonaparte Basin seismic survey data be available?

The final processed data from the Bonaparte Basin seismic survey will be available in Q2 2025.

What is the size of the Bonaparte Basin survey area?

The survey covers approximately 6,760 square kilometers in the Bonaparte Basin, offshore Australia.

What technology was used in the Bonaparte Basin seismic survey?

The survey used Sercel Sentinel MS multi-component streamers and the Sercel QuietSea marine mammal monitoring system.

Why is the Bonaparte Basin survey significant?

The survey provides modern, high-quality data for an underexplored area lacking recent 3D data, and includes coverage of a carbon storage block (permit G-13-AP).