FairfieldNodal and Schlumberger Multiclient Joint Venture Project Update

Phase 1 Begins Shooting in Southern Delaware Basin

Phase 1 of Coyanosa Survey in Ward, Reeves and Pecos Counties, Texas

The FairfieldNodal and Schlumberger WesternGeco multiclient joint venture project in the southern Delaware Basin of West Texas, known as Coyanosa Phase I, is scheduled to begin shooting late-August.

This initial phase, to be acquired by Dawson Geophysical, will consist of 307 square miles of high-quality, 3D seismic data in Ward, Reeves and Pecos Counties, Texas. Of particular interest are the Bone Spring and Wolfcamp formations.

The resulting 3D data will tie into existing FairfieldNodal and WesternGeco 3D data to provide customers with contiguous data coverage in the southern Delaware Basin. Data will be jointly licensed by FairfieldNodal and WesternGeco. It is anticipated data from Phase 1 will be available Q1 2018.

Interested customers should contact their FairfieldNodal or WesternGeco sales representatives for more information.