Norwegian entity wins seismic work in South Korea

South Korea

SEOUL, April 5, 2022 – Shearwater GeoServices has signed a contract with Korea National Oil Corporation to perform two 3D seismic surveys offshore South Korea, the Norwegian exploration company announced on Monday.

Works will include reservoir prediction analysis and processing.

The first survey on Block 6-1 will cover around 2,575 square kilometres and the second 500 square kilometres. All data will be processed through a full time and depth imaging sequence.

The company will employ the Geo Coral seismic vessel, which has been operating in the Asia Pacific region for two years.

Surveys are expected to start in the summer of 2022 and take four months to complete.

Cost of the contract was not disclosed.

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