WesternGeco to Acquire the First Multiclient Wide-Azimuth, Towed-Streamer Seismic Survey in the Gulf of Mexico; Shell Underwrites Q-Marine Seismic Survey to Illuminate Complex Subsalt Structure.HOUSTON -- WesternGeco announced today that Shell Exploration will underwrite a major portion of the first exploration multiclient wide-azimuth (WAZ WAZ Westdeutsche Allgemeine Zeitung (German newspaper) WAZ Wireless Access Zone ) towed-streamer survey in the Gulf of Mexico Noun 1. Gulf of Mexico - an arm of the Atlantic to the south of the United States and to the east of Mexico Golfo de Mexico Atlantic, Atlantic Ocean - the 2nd largest ocean; separates North and South America on the west from Europe and Africa on the east . The project covers a minimum of 200 Outer Continental Shelf In the federal United States, the Outer Continental Shelf (OCS) consists of the submerged lands, subsoil, and seabed, lying between the seaward extent of the States' jurisdiction and the seaward extent of Federal jurisdiction. blocks in the central Gulf of Mexico, about 125 miles off the coast of Louisiana CODE, OF LOUISIANA. In 1822, Peter Derbigny, Edward Livingston, and Moreau Lislet, were selected by the legislature to revise and amend the civil code, and to add to it such laws still in force as were not included therein. in water depths of 4,400 ft. To enhance the subsalt image, WesternGeco will employ Q-Marine(a) technology, with proprietary processing workflows and wave extrapolation (mathematics, algorithm) extrapolation - A mathematical procedure which estimates values of a function for certain desired inputs given values for known inputs. If the desired input is outside the range of the known values this is called extrapolation, if it is inside then migration (WEM n. 1. The abdomen; the uterus; the womb. 1. Spot; blemish; harm; hurt. Withouten wem of you, through foul and fair. - Chaucer. v. t. 1. To stain; to blemish; to harm; to corrupt. ). Seismic data acquisition will begin in mid-July 2006 and conclude as early as December 2006 utilizing a unique design co-developed by WesternGeco and Shell. A final WEM product will be available for interpretation in advance of the March 2008 lease sale. "This project provides WesternGeco with the opportunity to set the standard for wide-azimuth design, acquisition and processing using Q-Marine technology and breakthroughs in WAZ seismic processing," said Maurice Nessim, Vice President, North America, WesternGeco. "The multiclient product will provide value by allowing a greatly improved image of key blocks on offer in the March 2008 and subsequent lease sales, and reducing subsalt drilling risk." Shell Exploration and WesternGeco recently collaborated on a proprietary survey in the Gulf of Mexico applying a unique WAZ survey design to illuminate the geology beneath complex salt. The success of that project has led to this new WAZ multiclient survey, an acquisition step-change required for subsalt illumination in parts of the Gulf of Mexico and other salt provinces around the world. About Schlumberger Schlumberger is the world's leading oilfield services company supplying technology, information solutions and integrated project management that optimize reservoir performance for customers working in the oil and gas industry. The company employs more than 64,000 people of over 140 nationalities working in more than 80 countries. Schlumberger supplies a wide range of products and services from seismic acquisition and processing; formation evaluation; well testing and directional drilling to well cementing and stimulation; artificial lift and well completions; and consulting, software and information management. In 2005, Schlumberger operating revenue operating revenue Revenue from any regular source. Revenue from sales is adjusted for discounts and returns when calculating operating revenue. Compare other revenue. was $14.31 billion. For more information, visit www.slb.com. (a) Mark of Schlumberger |
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