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Veritas Completes New Nigeria Survey in Time for Licensing Round Roadshows

Source: www.gulfoilandgas.com 3/23/2005, Location: Africa

Veritas is pleased to announce the successful completion of its latest 3D survey over newly designated Nigerian deepwater blocks 251, 252 and 340. This 1,600 km2 survey is the most recent addition to a suite of high quality 3D datasets offshore Nigeria and, as Blocks 251 and 252 are included in the forthcoming licensing round, forms an important part of Veritas' participation in the upcoming license round roadshow.

Veritas also has 3D data over blocks 325, 327 and 328, which are included within the round.

The completion of the 2005 survey brings Veritas' total 3D coverage in the region to over 8,000 km2 and, with the inclusion of its 17,000 km of 2D coverage, Veritas has demonstrated a continued commitment to this highly prospective area.

Acquired by Veritas' M/V Seisquest using the latest solid streamer technology, this survey spanned what was previously designated block 251. With a 6 km offset and 9-second record length, these data are already providing spectacular imaging of the western Niger Delta toe-of-slope thrust belt.

Richard Morgan, Geological Services Manager, Veritas DGC Limited, comments that, "These data show the geometry of the thrust belt to be a mirror image of the setting observed in Veritas data over Blocks 325 and 327. We can now see the west Niger Delta outer thrust belt to be contained at each end by NE-SW trending, tear fault systems. These have had a major influence on slope channel location".

A cube has been produced by Veritas' FastTrack Department to allow early access to the data and further processing is expected to reveal more sand channel targets at deeper stratigraphic levels. "The seafloor image shows, in startling detail, the structure of this part of the toe-of-slope thrust belt," Morgan says.

A roadshow, organized by The Ministry of Petroleum Resources and designed to highlight the upcoming License Round, begins next week in Nigeria. In the following weeks it will visit London, Houston and Singapore. This is an important launch-pad for vendors and customers alike to explore the opportunities this new round provides and to showcase the tremendous potential still held within unexplored regions of the Niger Delta.


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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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