Sevmorgeo introduces FairfieldNodal Z700 system to South America

Russian company expands into Ecuador with purchase of 1100 nodes

Sugar Land, Texas –Sevmorgeo Joint Stock Company has purchased a Z700 marine system, which includes 1100 multicomponent nodes from FairfieldNodal for two shallow-water projects in Ecuador. The contract marks the first time FairfieldNodal marine nodes will be used in South America and the first time the St. Petersberg-based company will explore beyond the borders of the Commonwealth of Independent States.

The two companies signed the contract at the November SEG conference in Las Vegas. FairfieldNodal will deliver the Z700 nodes in January 2013 for separate 2D and 3D projects.

This isn’t the first time these two have worked together. “Sevmorgeo used Z700 marine nodes recently in the Caspian Sea,” FairfieldNodal VP Systems Division Manager Steve Mitchell said. “They told us they had obtained the best data they had ever recorded.”

Sevmorgeo CEO Mikhail Shkatov concurred. “The Z700 is simple to deploy and monitor, even in active or congested waters, and the quality of the data is excellent,” he said. “So it just makes perfect sense for us as we expand our operations to Ecuador.”

For more information, contact Debra Dryer at 281-275-7500 or visit fairfieldnodal.com.

About FairfieldNodal

Privately held FairfieldNodal is headquartered in Sugar Land, Texas, and offers a full spectrum of true cable-free nodal seismic products and services, from systems design, manufacturing and sales to acquisition, processing and multi-client licensing.

About Sevmorgeo JSC

Established in 1991, Sevmorgeo JSC is an oil and gas research and production company based in St. Petersberg, Russia. The 200-employee company is active in the Barents, Kara and Caspian Seas, and the polar oceans.