CGG launches Walker Ridge reimaging program in the Gulf of Mexico
21 Oct 2020 - Upstream Costs and Technology | Headline Analysis
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Kamila LangklepKamila LangklepSenior Research Analyst

CGG has started a new seismic data reimaging program in the prospective Walker Ridge area, as part of a major reimaging campaign being conducted in the Gulf of Mexico. The Walker Ridge program covers approximately 300 OCS blocks and targets the prolific Wilcox formation which is deformed by thrusts and folds beneath multiple thick salt sheets and shales.

Given recent discoveries and proven production in Walker Ridge, the new program has received strong industry prefunding from clients actively exploring and drilling for oil and gas within this basin. Final products are expected in February 2021 and May 2021, ahead of the full program results, due out by the end of 2021.