Stingray Geophysical Limited – a leader in Seismic Permanent Reservoir Monitoring (Seismic PRM) solutions to the upstream oil and gas industry, is pleased to announce that it has entered into an agreement with AMGL y Asociados SA de CV to act as its representative in Mexico.

AMGL will represent Stingray Geophysical’s fibre-optic seabed seismic sensing systems, Fosar ® and FosarDeep ®, which enable the cost-effective acquisition of highly repeatable multi-component time-lapse data for reservoir management over the life of a producing oilfield. With offices in Villahermosa and Mexico City, the team at AMGL brings more than 25 years’ sales development experience, having successfully expanded the market presence of several global geosciences companies through the delivery of optimum customer solutions.

AMGL Director, Angel Garcia López, said: “In our view, Stingray’s optical sensing solutions offer significant advantages over electrical systems in terms of reliability, data quality and the ease of installation of small, lightweight arrays. We believe the technology is highly applicable to a number of Mexico’s offshore fields and that, working together, AMGL and Stingray can make a major contribution to increasing production and extending field life.”

Martin Bett, CEO of Stingray Geophysical, stated: “We are delighted that AMGL will be working closely with Stingray to deliver our permanent reservoir monitoring solutions in this important territory. AMGL has a track record of establishing new geoscience and reservoir solutions businesses - and has already made good progress in establishing Stingray with key clients locally. Mexico’s offshore fields offer some unique reservoir management challenges, which we are already working with AMGL to address for our customers. With a design life of nearly 20 years and no subsea electrical power requirement, we hope that operators in all water depths and obstructed zones across the Gulf of Mexico will soon be “listening with light”, using our advantaged technology to maximise production and increase reserves at lower cost and risk.”