This new acquisition will be the sixth multi-client 3D project for the joint venture and will utilize the SW Empress, one of the world’s most advanced seismic vessels, to expand the Pelotas survey area beyond 10,000 km2. By acquiring detailed 3D seismic data, the project will provide explorers with critical insights into the geological structure of the Pelotas Basin, helping to de-risk exploration activities, enable faster decision-making, and pave the way for successful hydrocarbon discoveries.
The survey covers large areas of open acreage expected to be available in the 5th cycle of the Brazilian Open Acreage Release and acreage awarded in the 4th cycle last year. The survey area holds significant promise due to its geological connection with the Orange Basin in Namibia and South Africa, a globally emerging super basin of great importance. This relationship between the Pelotas Basin and the Orange Basin offers unique opportunities to leverage knowledge and discoveries across the Atlantic Conjugate Margin, enhancing exploration strategies and maximizing resource potential.
Irene Waage Basili, CEO of Shearwater, commented: “Shearwater has already acquired over 26,000 km2 of multi-client data, further establishing our position in the multi-client space. Shearwater and Searcher Seismic have built a highly successful partnership in one of the world’s most prosperous frontier areas. The new season’s work is a great opportunity to extend this success.”
