The seismic work is in one of the oil company’s most important producing areas, the Ku Maloob Zaap oil field and the light crude oil fields of the Bay of Campeche in the Gulf of Mexico.
The acquisition will be conducted by Seabed Geosolutions - the joint venture that CGG and Fugro incorporated in early 2013 to handle all seabed-related seismic acquisitions. CGG will be processing all in-field data for Pemex. Project preparations started in the first quarter of 2014, as mentioned, without further details, in the Fugro trading update Q1 2014. Data collection and operation started in July and are expected to be finalised in the third quarter of 2015.