Sales & Imaging work closely with the New Ventures and Operations & Technology divisions in PGS to deliver competitive products and solutions that meet customers’ needs in a safe and efficient manner.
MultiClient Data Sales
PGS has a modern and diversified global MultiClient data library in areas of high prospectivity. Accessing PGS’ data library enables customers to evaluate the hydrocarbon potential more rapidly when compared to commissioning and acquiring a seismic survey through a proprietary contract arrangement. The rapid access to high quality seismic data enables oil companies to assess the subsurface risks before applying for licenses over open acreage, guide for nearfield exploration efforts in more mature areas, or evaluate equity-based opportunities.
License rounds serve as important sales triggers for the PGS MultiClient library and guide long-term investment decisions for new 2D and 3D data. The geographical diversity and unique positioning of its global MultiClient library enables PGS to benefit from license rounds around the globe.
By the end of 2018, the PGS MultiClient data library comprised several hundred individual 3D surveys with a combined size of more than 850 000 square kilometers, 44% of which were acquired with the multisensor GeoStreamer® technology. In addition, a total of 670 000 kilometers of 2D data were available to customers globally, of which 60% are GeoStreamer data.
Exclusive Contract Acquisition
Contract work is seismic data acquisition under exclusive contracts with customers, where the oil company owns the acquired data. PGS meets the customers’ requirements for efficient acquisition and cost-effective delivery of seismic data, while at the same time maintaining safe and environmentally sound operations. Contract acquisition leverages the full capabilities of the PGS highend seismic fleet, GeoStreamer technology and its superior imaging solutions.
PGS operates a network of imaging centers globally through which the Company images all new MultiClient data it acquires. In addition, PGS uses its state-of-the-art imaging technology to rejuvenate existing MultiClient library data. The Company’s external imaging activities are directed towards supplying high-end, high-value services to a wide range of E&P companies. Imaging services comprise proprietary GeoStreamer-based imaging technology, as well as reservoir characterization and 4D-oriented processing solutions.