ION lands ARGAS ocean-bottom nodal data processing and imaging contract

HOUSTON - ION Geophysical announced the award of a two-year ocean bottom nodal data processing and imaging contract by ARGAS.  ION will deliver time and depth imaging to facilitate exploration and production of the acquired area.  Full waveform inversion (FWI) will be a key component in the workflow to achieve a high-resolution velocity model for depth imaging and seismic inversion for reservoir characterization.

"We are pleased to continue expanding our seabed imaging work in the Middle East through successful collaboration with ARGAS and Saudi Aramco," said Ken Williamson, executive vice president and COO of ION's E&P Technology and Services group.  "ION has closely collaborated with several customers on exploration and production projects and delivered valuable insights to impact their decisions and plans.  Cutting-edge model building and imaging tools, such as FWI, can help reduce risk and enable more effective decisions.”