Marine Seismic

Marine seismic acquisition is one of the most challenging aspects of the international oil and gas industry. Kazakhstan’s sector of the Caspian Sea has been a focus of the industry since the discovery of the super giant Kashagan deposit (est.7-9 billion barrels recoverable) in the north east section of the Caspian. Since Kashagan’s discovery, Kazakhstan’s Caspian waters have been a major focal point for major oil and gas exploration companies from around the world. Kazmorgeophysica, a 51% owned subsidiary of Caspian Services Inc., is a key player in this exciting new region.

JSC Kazmorgeophysica specializes in transition zone, shallow water and offshore seismic acquisition for international oil and gas exploration companies. The company uses modern equipment and technologies for field operations and processing. Marine operations in the Kazakh sector of the Caspian Sea are provided by Sercel 428 and Fairfield. Marine vessels for data acquisition are provided by Caspian Services Group Ltd, a Caspian Services Inc. company, which specializes in shallow water and transition zone.

Veritas Caspian LLP

Veritas Caspian LLP, a 50/50 joint venture between JSC Kazmorgeophysica and CGG Veritas, is an exciting step forward for both Caspian Services Inc. and the Republic of Kazakhstan.

Officially named the 'State Geophysical Survey of the Republic of Kazakhstan', the project is intended to create a data library which has proven to be a powerful tool in helping government bodies to attract investment into their respective oil and gas sectors. It is highly cost effective and, when coupled with a well organized and robust licensing regime, is enormously attractive to the international oil and gas industry. Veritas Caspian LLP continued its work program in 2001 with 2D seismic acquisition being conducted over more of the Kazakh sector of north east Caspian Sea. Veritas Caspian LLP expects to acquire roughly 3,000 km of 2D seismic data over the most northern part of the Kazakh sector of the Caspian in 2007.