MCR Announces New Data Availability for Australia 2020 Petroleum Acreage Release

Source: www.gulfoilandgas.com 8/26/2020, Location: Not categorized

MCR has announced the availability of the new NOVAR & ZEPON PreSDM MC3D reprocessed seismic data sets, regional interpretation and rock physics studies over the Vulcan Sub-basin for the 2020 Acreage Release evaluations.

Material size leads exist in a variety of structural and stratigraphic traps throughout the Paleogene to Triassic section.

Comprehensive data packages covering the Vulcan Sub-basin Acreage Release Blocks AC20-1, 2, 3, 4 & 5 include:

- NOVAR MC3D comprising 15,200 sq km of new Broadband PreSDM 3D reprocessed seismic data

- ZEPON MC3D comprising 2,458 sq km of Broadband PreSDM 3D reprocessed seismic data

- Molyneux Advisors updated regional seismic interpretation based on the NOVAR MC3D

- DUG petrophysics, rock physics and stochastic modelling study of 56 wells

The new data and studies will enable E&P companies to conduct a detailed evaluation of the under explored yet highly prospective 2020 Petroleum Acreage Release areas of the Vulcan Sub-basin.


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