BELL GEOSPACE AND ONYX ENGINEERING AWARDED FTG CONTRACT BY PETRONAS


Bell Geospace, the world leader in Gravity Gradiometry, together with Onyx Engineering, has been awarded a contract by multinational exploration business, Petroliam Nasional Berhad (PETRONAS).

The contract, for 3D multi-client Full Tensor Gradiometry (FTG) data acquisition, processing and interpretative services, will cover approximately 198,900 square kilometres.  The provision of airborne FTG and magnetic surveys will be undertaken over offshore Peninsular Malaysia, Sarawak and Sabah and will commence subject to pre-funding requirements and approval by PETRONAS.

With its unique expertise and track record in high resolution gravity technology, Bell Geospace will provide a variety of expert services for the project.  This will allow current petroleum arrangement contractors and potential bidders seeking new exploration blocks, to quickly identify prospective areas for quick and efficient understanding of complex sub-surface geology.

John Macfarlane executive vice president of Bell Geospace comments: “We expect that this data will play a significant role in the exploration process for companies working or considering working in Malaysia, allowing for the first time ever, a rapid selection of areas of interest for bidding and for planning for subsequent seismic acquisition and interpretation work.”

“With its track record of expertise, technology and analysis, Bell Geospace will take the lead role in this exciting project, bringing a new, efficient and cost-effective exploration methodology in Malaysia.”

Bell Geospace clients include oil & gas companies as well as mineral exploration companies.  FTG data is used to plan cost-effective seismic programmes and model sub-surface geology to find natural resources. The business has been at the forefront of Gravity Gradiometry for over 15 years, with over 2,000,000 line km under its wings.  Bell Geospace experts continue to find new and innovative techniques for acquiring, processing and interpreting Gravity Gradiometry data to allow its clients to minimise risk and maximise potential.