Dolphin Geophysical will commence acquisition of a new 2D Multi-Client seismic survey for Spectrum ASA in November 2011 which covers several blocks in the northern equatorial margin offshore Brasil. The survey area includes blocks expected to be announced for the 11th license round in second quarter 2012. The survey area contains recent discoveries in relatively unexplored basins.
The acquisition will focus on the Barreirinhas and Ceara basin with additional regional tie lines. Phase 1 of this program is 12,000 km. The survey is supported by industry pre-funding.
The seismic data will be acquired by the Polar Explorer. The data will be processed at Spectrum’s processing centre in Houston, with the final products scheduled for delivery during Q1 and Q2 2012 to coincide with the anticipated Licensing Round 11 close.
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