New Seismic Testing Indicates Thunder Horse Field Holds 1 Bbbl Of Oil
Drilling Activity Details
Drilling Activity Summary
Description
According to BP Plc, advanced seismic imaging technology has increased the resource estimate for Thunder Horse Field in the Gulf of Mexico. Proprietary algorithms developed by BP enhance a seismic-imaging technique (full waveform inversion) to process data in only a few weeks. Application of this technology and reservoir characterization, according to BP, has now identified a further 1 Bbbl of oil in place in the field. Thunder Horse Field encompasses Mississippi Canyon blocks 777, 778, 821 and 822. The same advanced seismic imaging was applied to BP’s Atlantis Field, with the company recently deciding to spend $1.3 billion on a field-expansion project. Atlantis Field (Green Canyon Block 743) came online in 2006 and wells produce from Williana, Pliocene and Miocene at 16,460-22,486 ft. BP operates the Thunder Horse area and holds a 75% stake in the field. The remaining 25% is owned by ExxonMobil Corp.
According to BP Plc, advanced seismic imaging technology has increased the resource estimate for Thunder Horse Field in the Gulf of Mexico. Proprietary algorithms developed by BP enhance a seismic-imaging technique (full waveform inversion) to process data in only a few weeks. Application of this technology and reservoir characterization, according to BP, has now identified a further 1 Bbbl of oil in place in the field. Thunder Horse Field encompasses Mississippi Canyon blocks 777, 778, 821 and 822. The same advanced seismic imaging was applied to BP’s Atlantis Field, with the company recently deciding to spend $1.3 billion on a field-expansion project. Atlantis Field (Green Canyon Block 743) came online in 2006 and wells produce from Williana, Pliocene and Miocene at 16,460-22,486 ft. BP operates the Thunder Horse area and holds a 75% stake in the field. The remaining 25% is owned by ExxonMobil Corp.