NXT Energy Solutions launches multi-client survey in the Gulf of Mexico


CALGARY -- NXT Energy Solutions Inc. has advised that it has commenced work on the first ever SFD multi-client survey in the Gulf of Mexico.

NXT’s patented SFD Technology has been approved by the Comisión Nacional de Hidrocarburos (CNH), for work credits by exploration companies in Mexico. The airborne survey will be conducted over the areas that have been identified by CNH for the shallow water bid-round 2.1, covering the Tampico-Misantla, Veracruz and Cuencas del Sureste exploration areas.

The SFD survey covers an area of approximately 8,900 km2 and provides participants with a unique data set which may be used to confirm seismically identified potential traps. The SFD survey may also provide critical information on the presence of potential trapped fluid accumulations, which may be useful in the evaluation of prospective blocks.

The Company anticipates the program will take approximately 25 days to complete. The results and recommendations will be made available to participating customers prior to the bid round.  The survey data should then have continuing utility to the winning bidders as they develop their drilling plans.

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