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ION opens new seismic data processing center in Perth, Australia

Thursday, July 25, 2013

ION Geophysical Corporation established a GX Technology (GXT) seismic data processing centre in Perth, to serve the needs of oil & gas companies in Australia and throughout the Asia-Pacific region.

The new centre is staffed with geoscience professionals with regional expertise and offers a full range of leading seismic imaging services and technologies, including depth imaging and ION''s patent-pending WiBandTM broadband processing technology.

Economic growth in Asia Pacific is driving the need for a dependable energy supply in the region, prompting industry experts to predict an estimated 20% year-over-year growth in E&P capex expenditure in 2013. In 2012 alone, there were 13 offshore discoveries in the area. Australia is experiencing an oil & gas exploration industry boom, driven by the massive resources of its northwest shelf, and also by the significant potential for unconventional hydrocarbon reserves.



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» ION
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