Gulf Oil and Gas accountACCOUNT

88 Energy Limited Commences Project Icewine 3D Seismic

Source: www.gulfoilandgas.com 2/14/2018, Location: North America

Share |
88 Energy Limited (“Operator”) (88E) is pleased to provide an update on Project Icewine, located onshore North Slope of Alaska.

Highlights
- Icewine 3D seismic survey commenced across Project Icewine acreage

Project Icewine Operations Update

3D seismic acquisition has commenced across the Western Margin of the Project Icewine acreage, located on the North Slope of Alaska. The 3D seismic will firm up drilling candidates identified on conventional prospectivity from interpretation of ~ 2350 line km of modern (88E, 2016) and reprocessed 2D seismic data.

The conventional prospective resource potential (mean unrisked), as at 31 January 2018, is estimated by the Company as 1.9 billion barrels gross; 1.05 billion barrels net to 88 Energy.

The 3D survey will be acquired using the vibroseis slip-sweep method, covering an area of approximately 460 km2. Acquisition parameters have been zoned to optimise fold and imaging across significant conventional leads already identified in areas that historically have imaged poorly due to permafrost and the presence of icelakes.

Operations commenced on February 7, 2018 (Alaska time) with parameter testing designed to ensure a high quality acquisition. The main 3D acquisition effort is now underway and is estimated to take approximately 45 days.

The focus of the acquisition is principally across the Western Play Fairway, where the opportunity exists to mature and test multiple stacked conventional objectives with one well. Exceptional exploration drilling success has been reported on the North Slope over the last four years using 3D seismic data to delineate and map similar stratigraphic/ structural conventional targets.

The objective of the 3D acquisition and interpretive effort in 2018 is to mature the conventional portfolio with a view to select one or more drilling candidates for the 2019 season. Results are scheduled to be in house in August/September 2018, which will facilitate a planned farm-out prior to year-end on the drilling program. The Company has largely completed permitting for two potential drilling locations on a multi-year basis allowing for prompt execution of the proposed 2019 drilling program.

Seismic survey News in United States >>

United Kingdom >>  9/17/2018 - CGG has commenced acquisition of a high-density, rich-azimuth, towed-streamer multi-client survey in the UK West Shetland Basin. The 3,600 sq km surve...
United States >>  9/14/2018 - Magseis ASA has received a Letter of Intent ("LOI") for a full operation with its proprietary MASS nodes for an Ocean Bottom Seismic survey in the Ame...

Senegal >>  9/13/2018 - TGS is pleased to announce Jaan, a fully harmonized 3D multi-client project in the southern portion of the MSGBC Basin from northern Senegal, through ...
Trinidad and Tobago >>  9/6/2018 - Fugro has won three contracts with BHP Petroleum (Deepwater) Inc., which see the company delivering a range of specialist services to support explorat...

Related Categories: Formation Evaluation  General  Geological, Geophysical  Geophysical Contractors  Mud Logging  Reservoir Engineering & Recovery Methods  Seismic survey  Well Completion, Logging, Workover 

Related Articles: Formation Evaluation  General  Geological, Geophysical  Geophysical Contractors  Mud Logging  Reservoir Engineering & Recovery Methods  Seismic survey  Well Completion, Logging, Workover 


United States Oil & Gas 1 >>  2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20 | 21 | 22 | 23 | 24 | 25 | 26 | 27 | 28 | 29 | 30 | 31 | 32 | 33 | 34 | 35 | 36 | 37 | 38 | 39 | 40 | 41 | 42 | 43 | 44 | 45 | 46 | 47 | 48 | 49 | 50 | 51 | 52 | 53 | 54 | 55 | 56 | 57 | 58 | 59 | 60 | 61 | 62 | 63 | 64 | 65 | 66 | 67 | 68 | 69 |

More News

 

Oil & Gas Companies in United States >>


Related Links

Gulf Oil and Gas
Copyright © Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.