Polarcus, a Dubai-based seismic survey contractor in October 2014 said it had won a major new multi-client project offshore Australia, the “Capreolus 3D Project”.
The company today said it has secured further industry prefunding enabling the expansion of the survey northwards with an additional 7,130 square kilometers.
Consequently the Capreolus 3D Project will now comprise approximately 22,130 sq. km overall, providing exploration companies with an extensive basin-wide broadband 3D seismic dataset across the Roebuck Basin, offshore North West Shelf, Australia. Seismic acquisition on the original program startedearly January 2015 with two Polarcus A-Class 3D seismic vessels utilizing the Company’s RightBAND(TM) technique for broadband data acquisition.
The expanded survey is now estimated at approximately twelve vessel months duration overall, and will utilize an additional Polarcus 3D seismic vessel for part of the program. As of date, seismic acquisition is approximately 40% complete (of the new expanded program).
The resultant data from the Capreolus 3D Project will be processed through a pre-stack depth migration routine by DownUnder GeoSolutions in Perth, Australia, with final data products expected to be delivered within Q1 2016.