Spectrum has secured a contract with PERUPETRO S.A., the State Company and regulatory hydrocarbon agency in Peru, for the reprocessing of their existing 2D offshore seismic data to assist with the upcoming offshore bid round.

PERUPETRO will be formally launching an International Offshore Bid Round in the fourth quarter of 2014. To support the Bid Round, Spectrum is reprocessing approximately 13,000 km of 2D Multi-Client regional seismic data covering the lease sale blocks. The data will be available in October.

The Offshore Bid Round will include between 6 and 9 offshore blocks located along the central and southern areas of the country, and covering the two types of highly prospective hydrocarbon potential sedimentary basins: extensional, pull-apart basins (e.g. Trujillo and Mollendo basin) and upper trench slope basins (e.g. Lima and Pisco basins).

Tags: Perupetro S.A., Spectrum ASA