Gulf Oil and Gas accountACCOUNT

PGS Announces New Large-Scale 2D MultiClient Project

Source: www.gulfoilandgas.com 3/15/2019, Location: Africa

This PGS regional-scale 2D GeoStreamer seismic survey will stretch 11 000 km, from the Namibian border to Cape Agulhas, covering large, untested areas and highly prospective reservoirs.

PGS is planning a large-scale 2D GeoStreamer exploration survey offshore South Africa, from the Namibian border to Cape Agulhas. The project will span 11 000 line km in a highly prospective area with proven source rocks and potential for significant discoveries. Prefunding partners will have a unique opportunity to influence the design, timing, and targets of the project.

Prospectivity for New Ventures
Modern 2D GeoStreamer data will help to unlock remaining potential from shallow to ultra-deep waters, and the multiple prospective plays that exist within the Orange Basin. This largely under-explored area has proven hydrocarbons and the potential for large discoveries, such as the recent Brulpadda in neighboring block 11B/12B.

Both oil and gas prone source rocks are present throughout, with hydrocarbon accumulations discovered in the Kudu and Ibhubesi gas condensate fields and the A-J oil field. Broadband imaging is expected to reveal large untested areas and highly prospective traps and reservoirs. Structural plays include growth-fault related structures, rotated fault blocks within the continental shelf, and stratigraphic plays with deepwater fans, turbidite sandstones and slope truncations prograding into the basin.

"In addition to providing an excellent basis for exploration decisions, this new South Africa dataset will provide a cost-effective solution for new ventures exploration in a proven prolific area," said Alex Vartan, VP AMME New Ventures for PGS.

Additional Library Coverage
PGS has over 26 000 line km of modern 2D GeoStreamer data offshore South Africa, acquired since 2014. Coverage extends from the Greater Outeniqua in the south through the Transkei Basin and into the Durban Basin in the east. This new acquisition will complement existing datasets and encourage the next phase of exploration offshore South Africa.



Seismic survey News in South Africa >>

Indonesia >>  7/9/2019 - These PGS 3D multisensor broadband surveys will enable a better understanding of plays and prospects across the under-explored basins of Indonesia. ...
Egypt >>  7/1/2019 - Egypt's Petroleum Minister Tarek el Molla reviewed with head of Schlumberger oil field services company for the Northern Middle East Region Maan Rezou...

Norway >>  7/1/2019 - OKEA ASA and partners Petoro AS and Neptune Energy Norge AS, have agreed to continue exploration licence PL958, east of the OKEA-operated Draugen fiel...
Cambodia >>  6/25/2019 - KrisEnergy Ltd. (“KrisEnergy” or “the Company”), an independent upstream oil and gas company, announces the commencement of a 1,200 sq. km 3D Seismic...

Denmark >>  6/25/2019 - Shearwater GeoServices Holding AS (Shearwater) is pleased to announce the award of a 4D seismic survey by Total E&P Danmark A/S (Total) to be conducte...
Argentina >>  6/19/2019 - Echo Energy plc is pleased to announce the safe and efficient completion of the 3D seismic survey across the western cube on its Tapi Aike licence in ...

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 


South Africa Oil & Gas 1 >>  2 | 3 |

More News

Related Links

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