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Otto Commences 2D Seismic Program in SC 69

Source: www.gulfoilandgas.com 3/24/2010, Location: Asia

Otto Energy Limited advises that it has commenced a 2D seismic data acquisition program in Service Contract 69 (SC 69) in the Visayan Basin of the Republic of Philippines.

The seismic vessel M/V Discoverer 2, operated by BGP GeoExplorer Pte Ltd, has been contracted to record the seismic data. Otto plans to acquire approximately 900-line km of 2D seismic data in SC69. SC69 is covering an area of 7,040 km2 in the central Visayan Basin where numerous untested reef plays and structural targets have been identified on recently reprocessed regional 2D seismic data.

The offshore part of the East Visayan Basin is relatively unexplored and covered by only a sparse vintage 2D seismic grid and few offshore wells. The new seismic data aims to delineate and mature several identified structural leads and to give support to our understanding of the petroleum systems.

This survey fulfils the service contract commitments in the current sub-phase.

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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 


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