A memorandum of understanding has been executed for a cooperation agreement between Spectrum, PGS and Schlumberger in Mexico. The collaboration will acquire 80,000 to 100,000 km of modern, long-offset 2-D data encompassing major hydrocarbon provinces offshore Mexico, according to a news release.

This includes areas on offer for Mexico’s Round 1 in the Perdido Fold Belt, Mexican Ridges Province, Campeche Deep Sea Basin. It will also provide seamless coverage across the Yucatan Platform tying to Spectrum's Big Wave program in the eastern area of the U.S. Gulf of Mexico, the release said.

The previously announced PGS MultiClient Mexico Well Tie program, which began on May 16, will be included in this collaboration. Two GeoStreamer vessels have already acquired more than 10,000 line km with Fast Track products available as part of the program, the release said. Spectrum and Schlumberger commenced operations on June 10 with a third vessel, and an additional vessel is en route to begin operations in early July.