NXT Energy Solutions Inc. has commenced work on the first ever SFD® Multi-Client Survey in the Gulf of Mexico. NXT’s patented SFD® Technology has been approved by the Comisión Nacional de Hidrocarburos, (CNH), for work credits by exploration companies in Mexico.
The airborne survey will be conducted over the areas that have been identified by CNH for the shallow water bid-round 2.1, covering the Tampico-Misantla, Veracruz and Cuencas del Sureste exploration areas.
The SFD® survey covers an area of approximately 8,900 square kilometers and provides participants with a unique data set which may be used to confirm seismically identified potential traps. The SFD®survey may also provide critical information on the presence of potential trapped fluid accumulations, which may be useful in the evaluation of prospective blocks.
The Company anticipates the program will take approximately 25 days to complete. The results and recommendations will be made available to participating customers prior to the bid round. The survey data should then have continuing utility to the winning bidders as they develop their drilling plans.
NXT was recently featured in a supplement of the Oil and Gas Journal that focused on the Mexican Hydrocarbon and Electricity sectors.
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