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Viridien commences next-generation sparse OBN project in the Gulf of Mexico

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Viridien has launched the Laconia 3D OBN multi-client seismic program in the US Gulf of Mexico, covering 330 OCS blocks in the Garden Banks and Keathley Canyon areas. The project, backed by industry funding, began in July 2024 with initial product delivery set for Q2 2025. The survey will employ extra-long-offset full-azimuth OBN data and the Sercel TPS™ (Tuned Pulsed Source), an eco-friendly low-frequency marine seismic source, to enhance imaging and subsurface information. Viridien's elastic full-waveform inversion (E-FWI) technology will be used to maximize subsalt imaging and reservoir delineation, aiming to reveal unprecedented subsalt detail and hidden resource potential in the complex geology of the area.

Viridien ha lanciato il programma sismico multi-cliente Laconia 3D OBN nel Golfo del Messico, coprendo 330 blocchi OCS nelle aree di Garden Banks e Keathley Canyon. Il progetto, sostenuto da finanziamenti del settore, è iniziato a luglio 2024 con la consegna iniziale dei prodotti programmata per il secondo trimestre del 2025. Il sondaggio utilizzerà dati OBN full-azimuth con offset extra-lungo e il Sercel TPS™ (Tuned Pulsed Source), una sorgente sismica marina a bassa frequenza ecologica, per migliorare l'imaging e le informazioni sul sottosuolo. La tecnologia di inversione elastica a onda completa (E-FWI) di Viridien sarà utilizzata per massimizzare l'imaging sotto il sale e la delimitazione dei serbatoi, con l'obiettivo di rivelare dettagli senza precedenti sotto il sale e il potenziale di risorse nascoste nella complessa geologia dell'area.

Viridien ha lanzado el programa sísmico multi-cliente Laconia 3D OBN en el Golfo de México, cubriendo 330 bloques OCS en las áreas de Garden Banks y Keathley Canyon. El proyecto, respaldado por financiamiento de la industria, comenzó en julio de 2024 con la entrega inicial de productos programada para el segundo trimestre de 2025. La encuesta empleará datos OBN de gran desplazamiento y azimut completo y el Sercel TPS™ (Tuned Pulsed Source), una fuente sísmica marina de baja frecuencia y amigable con el medio ambiente, para mejorar la imagen y la información subsuperficial. La tecnología de inversión de forma de onda completa elástica (E-FWI) de Viridien se utilizará para maximizar la imagen bajo el sal y la delimitación de reservorios, con el objetivo de revelar detalles sin precedentes debajo del sal y el potencial de recursos ocultos en la compleja geología de la zona.

Viridien은 미국 멕시코만에서 Laconia 3D OBN 다중 클라이언트 지진 조사 프로그램을 시작하였으며, Garden Banks 및 Keathley Canyon 지역의 330개의 OCS 블록을 포함합니다. 이 프로젝트는 산업 자금 지원을 받았으며, 2024년 7월에 시작되었고 초기 제품 배송은 2025년 2분기에 예정되어 있습니다. 이 조사는 엑스트라 롱 오프셋 풀 아지무스 OBN 데이터Sercel TPS™ (Tuned Pulsed Source)를 사용하여 이미징 및 지하 정보를 개선할 계획입니다. Viridien의 탄성 풀 웨이브폼 역전파(E-FWI) 기술은 저염수 아래의 이미징과 저수지 경계를 극대화하는 데 사용될 것이며, 이 지역의 복잡한 지질에서 전례 없는 저염수 세부 사항과 숨겨진 자원 잠재력을 드러내는 것을 목표로 합니다.

Viridien a lancé le programme sismique multi-clients Laconia 3D OBN dans le golfe du Mexique, couvrant 330 blocs OCS dans les zones des Garden Banks et du Keathley Canyon. Le projet, soutenu par un financement de l'industrie, a commencé en juillet 2024 avec une livraison initiale de produits prévue pour le deuxième trimestre 2025. L'enquête utilisera des données OBN à double azimut avec décalage très long et le Sercel TPS™ (Tuned Pulsed Source), une source sismique marine à faible fréquence respectueuse de l'environnement, pour améliorer l'imagerie et les informations sur les sous-sols. La technologie d'inversion élastique de forme d'onde complète (E-FWI) de Viridien sera utilisée pour maximiser l'imagerie sous-salin et la délimitation des réservoirs, visant à révéler des détails sans précédent sous le sel et le potentiel de ressources cachées dans la géologie complexe de la région.

Viridien hat das Laconia 3D OBN Multi-Client-Seismikprogramm im Golf von Mexiko gestartet, das 330 OCS-Blöcke in den Bereichen Garden Banks und Keathley Canyon abdeckt. Das Projekt, das durch Industriefinanzierung unterstützt wird, begann im Juli 2024, und die erste Produktlieferung ist für das zweite Quartal 2025 geplant. In der Erhebung werden extra-lange Offset Full-Azimut OBN Daten und die Sercel TPS™ (Tuned Pulsed Source), eine umweltfreundliche niedertönige marine seismische Quelle, eingesetzt, um die Bildgebung und die Informationen zum Untergrund zu verbessern. Die elastische vollständige Wellenforminversion (E-FWI)-Technologie von Viridien wird verwendet, um die Unterhalb von Salinen liegende Bildgebung und die Abgrenzung von Reservoiren zu maximieren, mit dem Ziel, ohne vorherige Details unter dem Salz und verborgenes Ressourcenpotential in der komplexen Geologie der Region zu enthüllen.

Positive
  • Launch of new Laconia 3D OBN multi-client seismic program in the Gulf of Mexico
  • Industry funding support for the project
  • Use of advanced technologies: extra-long-offset full-azimuth OBN data and Sercel TPS™
  • Application of Viridien's elastic full-waveform inversion (E-FWI) technology
  • Potential to reveal new resource potential and improve understanding of complex subsalt geology
Negative
  • None.

Insights

The commencement of Viridien's Laconia 3D OBN multi-client seismic program in the Gulf of Mexico marks a significant advancement in subsea imaging technology. The project's use of extra-long-offset full-azimuth OBN data and the Sercel TPS™ low-frequency source is particularly noteworthy. These technologies, combined with Viridien's elastic full-waveform inversion (E-FWI), promise to deliver unprecedented subsalt imaging quality.

This enhanced imaging capability could be a game-changer for oil and gas exploration in the region. It has the potential to reveal previously undetected hydrocarbon reserves, especially in complex subsalt formations that have historically been challenging to image accurately. The improved data quality may lead to more precise well placements and potentially reduce drilling risks, which could translate to significant cost savings for operators in the area.

Viridien's new seismic program in the Gulf of Mexico is strategically significant. Covering 330 OCS blocks in the Garden Banks and Keathley Canyon areas, this survey targets regions known for their hydrocarbon potential but challenging geology. The industry funding support indicates strong interest from oil and gas companies, suggesting potential for new discoveries or improved exploitation of known resources.

The scheduled delivery of initial products in Q2 2025 aligns with the industry's mid-term planning horizons. This timing could influence exploration and development decisions for companies operating in the Gulf of Mexico. If the survey delivers on its promise of superior imaging, it could spark renewed interest in the area, potentially leading to increased exploration activity and investment in the region.

The use of Sercel's TPS™ (Tuned Pulsed Source) in Viridien's seismic survey is an important environmental consideration. This innovative, environmentally friendly low-frequency marine seismic source could represent a significant step towards reducing the environmental impact of offshore exploration activities. It's important to note that while this technology may mitigate some concerns, the overall environmental impact of increased exploration and potential subsequent drilling activities should still be carefully evaluated.

The improved imaging capabilities could lead to more efficient resource extraction, potentially reducing the number of exploratory wells needed. This could indirectly contribute to minimizing the environmental footprint of offshore operations. However, it's important to balance these potential benefits against the broader environmental implications of facilitating increased hydrocarbon extraction in marine environments.

Viridien commences next-generation sparse OBN project in the Gulf of Mexico

Paris, France – August 27, 2024

Viridien has announced the start of the Laconia 3D OBN multi-client seismic program in the US Gulf of Mexico. Covering 330 OCS blocks in the Garden Banks and Keathley Canyon protraction areas, the project is supported by industry funding. Acquisition started in July 2024 with delivery of initial products scheduled for Q2 2025.

To improve the resulting images and subsurface information, this survey will record extra-long-offset full-azimuth OBN data and utilize the Sercel TPS™ (Tuned Pulsed Source), an innovative environmentally friendly low-frequency marine seismic source. This dataset is ideal for Viridien’s industry-leading elastic full-waveform inversion (E-FWI), which will maximize the subsalt imaging and reservoir delineation.

Dechun Lin, EVP, Earth Data, Viridien, said: “Our new Laconia OBN survey reflects Viridien’s ongoing commitment to support the industry in the Gulf of Mexico. With the powerful combination of Viridien’s highly differentiating technologies applied to this survey, we will deliver best-in-class images to reveal unprecedented subsalt detail and previously hidden resource potential. This will revitalize the underlying data and allow a better understanding of the complex subsalt geology and deep targets associated with the area to aid both exploration and the continuing development of discovered energy resources.”

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 06 14 51 09 88
E-Mail: jean-baptiste.roussille@viridiengroup.com

 
 

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FAQ

What is the Laconia 3D OBN multi-client seismic program announced by Viridien?

The Laconia 3D OBN is a new seismic survey project in the US Gulf of Mexico, covering 330 OCS blocks in the Garden Banks and Keathley Canyon areas. It uses advanced technologies to improve subsalt imaging and reservoir delineation.

When did Viridien start the Laconia project and when are initial products expected?

Viridien started the Laconia project acquisition in July 2024, with initial products scheduled for delivery in Q2 2025.

What technologies is Viridien using in the Laconia 3D OBN project?

Viridien is using extra-long-offset full-azimuth OBN data, the Sercel TPS™ (Tuned Pulsed Source) for eco-friendly low-frequency seismic sourcing, and their proprietary elastic full-waveform inversion (E-FWI) technology.

What are the expected benefits of Viridien's Laconia 3D OBN project?

The project aims to deliver best-in-class images revealing unprecedented subsalt detail, uncover hidden resource potential, and improve understanding of complex subsalt geology and deep targets in the Gulf of Mexico.

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