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Dolphin chooses Schlumberger isometric seismic tech for 2015 arctic shoot

09th December 2014

Based on thorough evaluation, Dolphin Geophysical has selected Schlumberger’s proven WesternGeco Q-Marine point-receiver marine seismic system for the Polar Empress

Dolphin chooses Schlumberger isometric seismic tech for 2015 arctic shoot
When the Dolphin charter of Polar Empress begins in April 2014, she will carry the highest nominal streamer inventory in the seismic industry

This purchase of the Q-Marine system is a first step towards a potential opportunity for purchase of a WesternGeco IsoMetrix marine isometric seismic technology.

The next generation multimeasurement IsoMetrix technology is enabled by a revolutionary streamer design that combines measurements of the total seismic pressure wavefield and its gradient-both vertically and crossline.

The adoption of WesternGeco field-proven technology will allow Dolphin to offer the most advanced and efficient seismic acquisition systems to our clients assisting in exploration and production of hydrocarbon reserves.

The combination of new technology platforms and our powerful solution capabilities will make Dolphin a leading marine geophysical company.

The initial Q-Marine system purchase will consist of complete seismic equipment outfitting with sixteen full-length streamers, steering arrangements, and source and control systems.

When the Dolphin charter of Polar Empress begins in April 2014, she will carry the highest nominal streamer inventory in the seismic industry.

Dolphin has entered into a completely fully-financed lease agreement with Schlumberger of approximately USD 40m, to be repaid in equal instalments including interest over 38 months.

Further, Dolphin will invest additional USD 5m in frontend towing equipment to enable super-wide configurations.

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