PGS Acquires Two MultiClient 3D Surveys Off Cote D’Ivoire - Africa’s premier report on the oil, gas and energy landscape.

PGS Acquires Two MultiClient 3D Surveys Off Cote D’Ivoire

Offhore Cote D'ivoire

Second survey to be completed in Q2 2014 with the first datasets available in Q3 2014

Norwegian seismic company Petroleum Geo-Services (PGS), with local partner Laguna and in cooperation with Petroci, is currently acquiring 2,300 sq km of MultiClient 3D GeoStreamer® data over blocks CI-506 and CI-507, offshore Côte d’Ivoire. “The new MultiClient 3D GeoStreamer data will cover part of the western offshore Côte d’Ivoire, a frontier area within the larger Atlantic Equatorial Transform Margin”.

Petroci is Cote d’Ivoire’s state hydrocarbon company.

PGS/Laguna has also recently completed the acquisition of 1,500 sq km of MultiClient 3D GeoStreamer data over blocks CI-12 and CI-501, offshore Côte d’Ivoire, in cooperation with the operators. “This new MultiClient 3D GeoStreamer data covers both shallow and deep water acreage, reflecting and supporting continued success along this margin”, PGS says in a release.

“Exploration offshore Côte d’Ivoire has historically focused in the East, where fields such as Lion, Panthere, and Baobab have proven a working petroleum system. However, as these fields mature, exploration is beginning to move West into analogous reservoirs in open acreage”, the company explains. “Oil industry interest in this area has also previously focused in shallower waters on the shelf, in both syn or post-rift structures. However, recent discoveries clearly show a trend towards deeper water and post-rift targets. New fields such as Jubilee (2007) and Paon (2012) have successfully demonstrated the greater opportunities in post-rift, Late Cretaceous turbidite fan systems in 2,000 m water depths”.

PGS claims that the two new surveys “complement the extensive existing PGS MultiClient 3D and 2D seismic data sets in the region and help to de-risk exploration projects in this under-explored area”. The company touts the “proven capabilities of GeoStreamer®, PGS’ leading-edge acquisition technology, to enhance exploration efforts by enabling better geological modelling with less reliance on well data, as well as improved prospect definition and identification, give greater confidence in subsurface imaging, especially in frontier areas”.

Acquisition of the CI-506 and CI-507 MultiClient 3D GeoStreamer survey is expected to be complete in Q2 2014 with the first datasets available in Q3 2014.

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