WGP Group Awarded PRM Acquisition Contract for Sverdrup Field

WARMINSTER, UK, 10 July, 2018 – WGP Group Ltd., a wholly owned subsidiary of Fairfield Geotechnologies, is pleased to announce that they have been awarded the permanent reservoir monitoring acquisition contract for Johan Sverdrup Field.  The field, operated by Equinor, is one of the five largest oil fields on the Norwegian continental shelf.

Terry Hibben, WGP’s CTO said, “We are very pleased to be part of Equinor’s commitment to PRM as a means to manage and improve overall recovery from Johan Sverdrup.  The contract demonstrates full confidence in the technique and the responsible attitude Equinor demonstrates to operating their assets.”

The two-part contract includes the design, build and commission of a containerised source system and a 5-year framework agreement to operate and support the source system.  The Sverdrup system can be configured for dual- or triple-source operations and features swift mobilisation and demobilisation to accommodate the variable demands in timing and scope of a developing oilfield.

Charles (Chuck) Davison, President and CEO of Fairfield Geotechnologies, noted that the new system is the 6th generation of portable source designed, built and operated by WGP. “The Sverdrup system will benefit from WGP’s 15 years of experience, operational excellence and project execution in PRM and life-of-field seismic operations.  We are very proud of their long history of safety, quality, and reliability and their ‘One Team’ approach to client cooperation.”

About WGP Group

A small, agile company focusing on providing technical and operational solutions to clients for issues outside of their day to day needs. WGP boasts experience in operating world-wide with successful projects from the high Arctic to the equator.  While recent focus has been on the provision of containerized high specification seismic sources for PRM 4D, WGP’s other areas of interest are UHR3D and assessment of autonomous vehicles as viable technologies.  WGP operates under and holds an integrated management system to ISO-9000,14000 & 18000-2015.

About Fairfield Geotechnologies (Formerly FairfieldNodal)

Privately held Fairfield Geotechnologies, a pioneer and global leader in ocean bottom seismic nodal technology, designs and manufactures a complete range of revolutionary, true cable-free ZLand® and ZMarine® systems and offers expert marine acquisition and data processing services. In addition to its extensive multi-client database in the Gulf of Mexico Shelf and Permian Basin, the company continues to expand licensing coverage in the Lower 48 through focused investment and strategic acquisition of existing multi-client libraries.

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For further information, contact:

Terrence Hibben
Chief Technical Officer
WGP Group Ltd.
terry.hibben@wgp-group.com

Tags: Contracts

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