Building on the success of its 25,000 sq km (9,652 sq miles) 3-D BroadSeis survey, which led to the recent Boudji-1 and Ivela-1 oil discoveries, CGG is extending its Gabon multiclient data footprint with a 9,800-km long-offset 2-D seismic survey in an unexplored deepwater area of the South Basin.
A subset of the data over the offered license blocks will be available in advance of Gabon’s 12th offshore licensing round planned for June 2019.
The new 2-D data will help define the full extent of existing and new plays in the region. It will also aid in understanding the thickness variations in the sediment overburden for source rock and maturity analysis. CGG’s advanced broadband processing workflow will increase the resolution and improve the characterization of the turbidite systems that represent potential exploration targets.
The low frequencies delivered will provide deep penetration to enhance understanding of the nature of the deep crust. New insights from this survey will expand and update CGG’s current JumpStart integrated geoscience package.
“This survey marks a continuation of our long-term successful partnership with the Gabonese Republic’s Ministry of Petroleum and Hydrocarbons to support and promote the potential of Gabon’s deep waters,” Sophie Zurquiyah, CEO of CGG, said.
Recommended Reading
TPH: Lower 48 to Shed Rigs Through 3Q Before Gas Plays Rebound
2024-03-13 - TPH&Co. analysis shows the Permian Basin will lose rigs near term, but as activity in gassy plays ticks up later this year, the Permian may be headed towards muted activity into 2025.
For Sale, Again: Oily Northern Midland’s HighPeak Energy
2024-03-08 - The E&P is looking to hitch a ride on heated, renewed Permian Basin M&A.
E&P Highlights: Feb. 26, 2024
2024-02-26 - Here’s a roundup of the latest E&P headlines, including interest in some projects changing hands and new contract awards.
Gibson, SOGDC to Develop Oil, Gas Facilities at Industrial Park in Malaysia
2024-02-14 - Sabah Oil & Gas Development Corp. says its collaboration with Gibson Shipbrokers will unlock energy availability for domestic and international markets.
E&P Highlights: Feb. 16, 2024
2024-02-19 - From the mobile offshore production unit arriving at the Nong Yao Field offshore Thailand to approval for the Castorone vessel to resume operations, below is a compilation of the latest headlines in the E&P space.