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WesternGeco Conducts Q-Land Surveys for Kuwait Oil Company; Exploration/Appraisal Survey in Northern Kuwait is Largest Q-Land Project
LONDON --(Business Wire)-- March 13, 2005 -- WesternGeco announced today that the Kuwait Oil Company (KOC) has upgraded its Seismic Service contract with WesternGeco to include Q-Land(a) technology.
Following a successful Q-Reservoir(a) pilot study in the Minagish field in 2004, KOC has upgraded the 3D seismic acquisition and processing contract. The 6,000-channel conventional recording system has been replaced with a 30,000-channel Q-Land system for the two remaining survey areas, which will take roughly seven months to acquire.
"The Q-Reservoir pilot data at the Minagish field has demonstrated the potential of this new technology," said Mr. Khaled Al-Sumaiti, executive managing director, Exploration and Production Development, KOC.
The first survey, which began in November 2004, is a 750-square-kilometer exploration/appraisal project targeting the Jurassic reservoirs in Northern Kuwait. The survey is the largest Q-Land survey conducted to date.
The second project of 150 square kilometers over the Burgan field, the second largest onshore oil field in the world, is a pilot program whose main objective is resolution of the Wara-Burgan sand/shale sequence. Existing 2D and 3D seismic data have not provided sufficient resolution for reservoir characterization of this sequence.
"Q-Technology(a) utilizes the most advanced acquisition and processing technology to provide the highest resolution seismic data for hydrocarbon exploration, development and production," said Salem Elsayed, WesternGeco Middle East manager. "The Q-Reservoir pilot study enabled the Kuwait Oil Company to evaluate the effectiveness of this new technology and assess its potential contribution in achieving production objectives."
Q(a) is the WesternGeco proprietary suite of advanced seismic technologies for enhanced reservoir location, description and management. For additional information on Q-Land, Q-Marine and Q-Seabed(a) point-receiver seismic acquisition and processing systems, see http://www.westerngeco.com/content/services/q_technology.
About Schlumberger
Schlumberger (NYSE:SLB) is the world's leading oilfield services company supplying technology, project management and information solutions that optimize performance for customers working in the oil and gas industry. The company employs more than 52,000 people of over 140 nationalities working in 80 countries, and comprises two business segments. Schlumberger supplies a wide range of products and services from formation evaluation through directional drilling, well cementing and stimulation, well completions and productivity to consulting, software, information management and IT infrastructure services that support core industry operational processes. WesternGeco, jointly owned with Baker Hughes, is the world's largest seismic company and provides advanced acquisition and data processing services. In 2004, Schlumberger operating revenue was $11.48 billion. For more information, visit slb.com.
(a) Mark of WesternGeco
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