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Players team up for new Delaware basin seismic

Joint venture between Schlumberger and FairfieldNodal will shoot and process 3D multi-client data in white-hot tight-oil region of West Texas

Services giant Schlumberger is teaming up with privately held seismic player FairfieldNodal for a "strategic" multi-client seismic shoot in the white-hot Delaware basin in West Texas.

The first phase of the Coyanosa survey will consist of approximately 306 square miles of 3D seismic data in Ward, Reeves and Pecos counties, Texas. The area of mutual interest encompasses about 1100 square miles in total.

The joint venture will offer the resulting 3D data to companies on a non-exclusive basis. The data will tie in to existing seismic from FairfieldNodal and Schlumberger's WesternGeco unit, "to provide customers with contiguous data coverage in the southern Delaware basin".

The Delaware side of the Permian basin, which also stretches into New Mexico, has become one of the busiest areas for new tight-oil drilling in the US. 

Analysts at Jefferies reckon production in the Delaware will grow from around 829,000 barrels per day in 2016 to 1.08 million bpd this year and 2.05 million bpd by 2020.

Permitting for the upcoming Delaware shoot is "well underway" and field operations are scheduled to begin "shortly", FairfieldNodal said.

FairfieldNodal has begun designing and testing field-acquisition parameters. WesternGeco will handle processing.

Other contributors include Dawson Geophysical, which will handle field acquisition, and TRNCO Petroleum, which will provide project management.

Data will be jointly licensed by FairfieldNodal and WesternGeco.

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