Mulit-Client HD3D® in Onshore
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| The Flynn, Crocket and Hearne East 3D surveys place PGS muliti-client as the leader in one of the hottest natural gas plays in the US. |
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PGS Onshore’s operational expertise acquiring data using our trademarked HD3D® technology distinguishes PGS among the competitors – particularly as it relates to the Onshore multi-client library.
HD3D® is a state-of-the-art, high density seismic technology that gives significantly higher trace densities than previously possible, with improved spatial, offset and azimuth- sampling. By using HD3D® methodology to acquire multi-client data, PGS creates unparalleled data quality that provides greater value for clients and increased revenue for shareholders. A significant part of Onshore’s growth in the past two years can be attributed to the success of the speculative surveys in Oklahoma’s Wichita Mountain Front. In 2007, PGS continued a focused market approach with the release of a second core located in the Deep Bossier trend of East Texas. The Flynn, Crockett and Hearne East 3D surveys place PGS multi-client as the leader in one of the hottest natural gas plays in the US.
A number of significant fields have been found in the Deep Bossier by such operators as Burlington Resources (now ConocoPhillips), Leor Energy, EnCana, Chesapeake Energy, Anadarko Petroleum, and Gastar. EnCana president and chief executive Randy Eresman said the Deep Bossier holds “tremendous growth potential in the near and longer term and has the potential to be the leading resource play in our North American portfolio.”
PGS Onshore’s data over the area has been primarily acquired in Robertson, Leon, and Houston counties of East Texas. The Flynn survey, completed in 2007, covers an area of 370 square miles. PGS is currently acquiring an additional 575 square miles in the trend and expect to have the second Deep Bossier multi-client dataset ready for public licensing in the next few months.
