CGG has announced that Sercel and Low Impact Seismic Sources (LISS) have entered into exclusive negotiations for the acquisition of LISS by Sercel. In collaboration with Shell, LISS has developed the TPS (Tuned Pulse Source), an innovative marine seismic source with much enhanced low-frequency output.<\/p>\n
The LISS TPS solution meets the industry need for low frequencies that allow deeper penetrations and more accurate quantitative interpretation and Full Waveform Inversion (FWI) results, especially in combination with long-offset data, all while further reducing environmental impact.<\/p>\n
Sercel will continue to develop and commercialize the TPS worldwide.\u00a0 Shell will continue to provide its support with in-sea testing to be conducted this summer and will execute a first commercial survey using the LISS TPS source later this year.<\/p>\n
Steve Chelminski, co-founder of LISS and inventor of the first marine seismic impulsive source in the 1960\u2019s, said: \u00a0\u201cI\u2019m very pleased that Sercel, the equipment supplier to the seismic industry, is acquiring LISS.\u00a0 Sercel will provide the benefits of TPS and its successor technologies, representing a new era of seismic source technology, to all contractors and oil companies in the industry. It\u2019s the low-frequency source that brings not just the data required for real imaging and FWI improvement, but in addition the environmental benefits that will continue to advance the industry\u2019s ability to be \u00a0excellent custodians of our environment<\/em>\u201d.<\/p>\n