The company said that the aim of the program is to provide uniform, quality wide Azimuth, 3D seismic coverage over Karoon Gas’ Santos basin blocks. This quality wide Azimuth 3D seismic acquisition program is designed to image beneath and around salt structures allowing more accurate prospect definition. This new seismic data will aid in the positioning of exploration wells expected to be drilled late in 2010 or during 2011.
The company has also said that the 1500sqkm 3D seismic acquisition in offshore block Z-38 in Peru is 85% complete. The CGG Veritas vessel, the M/V Geowave Endeavour started the seismic acquisition during January 2010 and is expected to complete the work in the near future.
The interpretation from this acquisition is expected to be ongoing through 2010. The company said that the objective of this seismic acquisition is to provide prospect delineation for drilling during 2011 and to gain a better understanding of previously underexplored areas within Block Z-38.
