PGS signs multi-client agreement for offshore LebanonProjects and Operations // May 25, 2006
Seismic survey specialist PGS has announced that it has signed an agreement on a multi-client MC3D seismic for offshore Lebanon.
The Phase 1 acquisition will involve approximately 1,000 square kilometres of MC3D seismic data in the fourth quarter of 2006, which covers an area over the Levant Basin.
The survey will be available late in the first quarter of 2007 and lies within water depths of 1500m. It will form the basis for a future licensing round to the industry in the first quarter of 2007.