Paris, France – May 31, 2017
CGG GeoConsulting announced today that it has been awarded a contract to supply digital well products to the Oil & Gas Authority (OGA), the UK Government industry regulator, as part of a wider tender for comprehensive subsurface databases and information sources to encourage further exploration in underexplored areas of the UK Continental Shelf (UKCS).
The data sets will help to support the OGA’s work across the exploration and production (E&P) lifecycle including the promotion of future licensing rounds and undeveloped discoveries, regional exploration projects, area strategies and asset stewardship.
The digital well products supplied by CGG GeoConsulting will be used internally by the OGA and released into the public domain via the OGA’s website during 2017 to be used freely by E&P companies looking for potential new prospects in the UKCS.
Mark Weber, Senior Vice President, CGG GeoConsulting, said: “We are delighted that GeoConsulting’s digital geoscience data was selected by the OGA for the breadth of coverage our well products provide over the UKCS region. We expect they will offer significant aid to E&P companies during future licensing rounds and play an important part in helping to revitalize exploration activity in the still highly attractive UKCS.”
CGG (www.cgg.com) is a fully integrated Geoscience company providing leading geological, geophysical and reservoir capabilities to its broad base of customers primarily from the global oil and gas industry. Through its three complementary businesses of Equipment, Acquisition and Geology, Geophysics & Reservoir (GGR), CGG brings value across all aspects of natural resource exploration and exploitation.
CGG employs around 5,600 people around the world, all with a Passion for Geoscience and working together to deliver the best solutions to its customers.