TGS completes Capreolus 3D survey data acquisition from Polarcus

Norwegian geophysical company TGS has completed the purchase of the Capreolus 3D seismic survey from marine seismic player Polarcus.

Source: TGS

TGS said on Wednesday that Capreolus was a 22,130 square-kilometer full broadband 3D seismic survey covering two hydrocarbon provinces with proven, but underexplored, oil and gas plays in the Beagle and Bedout sub-basins offshore northwest Australia.

The Capreolus survey includes modern 3D coverage over the Phoenix South and Roc oil and gas discoveries.

The seismic survey also spans the Dorado-1 exploration well and Phoenix South-3 appraisal well, currently being drilled. Dorado-1 encountered light oil in the Caley Member and gas-condensate in the Baxter Member and, as of August 8, light oil has been confirmed at the deeper Crespin and Milne Members.

TGS also announced the reprocessing of the Australian Polly 3D seismic survey and neighboring open file data.

Acquired in 2013, the Polly 3D covers 7,970 square kilometers and ties into the adjacent Capreolus 3D survey. The Polly survey is being reprocessed using broadband PSDM techniques with reprocessed products available from November 2018.

Kristian Johansen, CEO of TGS, said: “The combination of the Capreolus 3D with the neighboring reprocessed Polly 3D dataset provides E&P companies with modern contiguous 3D data linking the current Dorado-1 oil discovery to the Acreage Release blocks W18-4 and W18-5 currently on offer.”

It is worth noting that Polarcus initially signed an agreement for the sale of the Capreolus 3D survey in late June for a cash consideration of $6.5 million.

Share this article

Follow Offshore Energy Today

Events>

<< May 2019 >>
MTWTFSS
29 30 1 2 3 4 5
6 7 8 9 10 11 12
13 14 15 16 17 18 19
20 21 22 23 24 25 26
27 28 29 30 31 1 2

Africa Oil Week 2020

For over 25 years Africa Oil Week has been the meeting place for Africa’s most senior E&P stakeholders.

read more >

CERAWeek 2020

 Each year, CERA clients gathered for a few days in Houston…

read more >

Offshore Technology Conference (OTC) 2020

The Offshore Technology Conference (OTC) showcases leading-edge technology for offshore drilling, exploration…

read more >

2020 EXPLORATION AND PRODUCTION STANDARDS CONFERENCE ON OILFIELD EQUIPMENT AND MATERIALS

The development of consensus standards is one of API’s oldest and most successful programs.

read more >

Jobs>

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply