Erin Energy Corporation has completed the acquisition of a new 3D seismic survey off the coast of The Gambia.
Erin Energy contracted Polarcus Ltd. to carry out this survey using the Polarcus Alima, a 12 streamer 3D/4D seismic vessel. The survey covered approximately 1,613 square kilometres on Erin Energy’s A2 and A5 blocks.
According to Erin Energy’s press release, the processing and interpretation of the data will start now, with results expected to be available during the second quarter of 2016.
Segun Omidele, Chief Operating Officer of Erin Energy, said: “We are pleased to report that the acquisition has been completed on time and within budget. We look forward to receiving the processed seismic data, which will allow us to build upon our understanding of the prolific plays in this emerging basin, and will assist our team in determining exploration activities on the blocks.”
Erin Energy is the operator of the A2 and A5 blocks with 100% interest. In May 2105, the company received approval to extend the initial exploration period for these two blocks by 24 months, to December 31, 2018. In that period, the company is required to drill one exploration well in either block.
The A2 and A5 blocks are located approximately 28 miles (45 kilometres) offshore The Gambia and are on-trend with the recent FAN-1 and SNE-1 hydrocarbon discoveries offshore Senegal by Cairn, Conoco, and FAR.