Polarcus Scores Funding for Seismic Project Off Australia

Polarcus said it has secured industry prefunding and environmental permit for a broadband 3D marine seismic project in Australia.

This extension of Polarcus’ Cygnus multi-client 3D survey represents the next step towards unlocking the complex geology of the Vulcan Sub-basin through the application of Polarcus’ XArray acquisition methodology, the company explained.

The project is due to start in Q4 2017 and should run for approximately four weeks.

As a result of this timing, the previously announced Australian projects will begin in 2018 extending the Polarcus Australian campaign into Q2 2018.

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