Viridien Launches Advanced Seismic Imaging in Norwegian Waters
Viridien is thrilled to announce the initiation of advanced seismic imaging for the Utsira North multi-client Ocean Bottom Node (OBN) survey, marking a significant step in supporting exploration and development on the Norwegian Continental Shelf. This project follows the successful acquisition conducted over the summer, with final imaging results set to be available for industry licensing by the third quarter of 2026.
Understanding the Utsira North Survey
The Utsira North OBN survey encompasses an impressive 513 square kilometers and is strategically positioned to the east of the Alvheim Field within the Southern Viking Graben. This region is pivotal for Norway’s offshore oil and gas prospects, offering valuable insights that could bolster near-field exploration initiatives and enhance techniques for efficient extraction from established reserves. Moreover, this survey expands Viridien’s already robust multi-client OBN portfolio, solidifying its commitment as a leading provider of seismic imaging solutions in the North Sea.
Enhancing Data Quality with Cutting-Edge Technology
At the core of Viridien’s undertaking is the application of advanced seismic imaging workflows, incorporating proprietary technology such as time-lag full-waveform inversion (TLFWI). These innovative techniques promise to produce unprecedented clarity in seismic data, allowing for a detailed understanding of complex geological structures. By illuminating the interactions of deep-seated faults, the project aims to provide a clearer picture of sediment distribution and the identification of potential new reservoir targets.
Expert Insights and Commitment to the Norwegian Continental Shelf
Dechun Lin, Head of Earth Data at Viridien, expressed the company's ongoing dedication to the Norwegian Continental Shelf, stating that the imaging and licensing of the Utsira North OBN multi-client data reaffirms their long-term commitment to this vital region. Lin emphasized that their unmatched subsurface imaging capabilities will allow exploration and production companies to make informed decisions in increasingly intricate operational environments, thereby maximizing their investment returns.
About Viridien
Viridien is an innovative technology company specializing in Earth data, dedicated to advancing scientific efforts for a more sustainable future. Known for its ingenuity and commitment, the company focuses on resolving complex challenges across natural resources, energy transition, and infrastructure. With a workforce of around 3,200 employees worldwide, Viridien is listed under the ticker VIRI on the Euronext Paris SA.
Contact Information for Investor and Media Relations
For inquiries, the Investor Relations contact is Alexandre Leroy, who can be reached at +33 6 85 18 44 31 or via email at ir@viridengroup.com. The Media Relations contact is Sara Pink-Zerling at +33 6 37 57 95 44, reachable through media.relations@viridiengroup.com.
Frequently Asked Questions
What is the Utsira North OBN survey?
The Utsira North OBN survey covers 513 sq km in the northern North Sea, aimed at providing valuable geological data to support oil and gas explorations.
What technology is being used in the seismic imaging process?
Viridien uses advanced imaging workflows including proprietary time-lag full-waveform inversion (TLFWI) technology to enhance data quality.
When will the final imaging results be available?
The final imaging results are expected to be released for licensing in the third quarter of 2026.
What are the implications of the Utsira North survey for the industry?
The survey promises to unlock new opportunities for exploration and improve extraction methods in mature basins, thereby maximizing resource yield.
Where can I find more information about Viridien?
For more details about Viridien’s services and innovations, visit their official website at www.viridiengroup.com.
