Seismic about to begin21 Mar 2014 09:25
Seismic survey
Panoro also announced that the Joint Venture partners in the OML 113 license are about to begin a new 3D seismic survey over the OML 113 license offshore Nigeria. The survey is being carried out by Polarcus as a part of joint acquisition program in combination with the neighboring block OPL 310 to the east, where significant discoveries were made in 2013.
First Hydrocarbon Nigeria Ltd (a Joint Venture Partner on the OML 113 license) will, through their parent company
Afren, manage the seismic acquisition operations and subsequent processing and interpretation of the seismic data. The Aje field and many of the leads in OML 113 are already covered by a 3D seismic survey acquired in 1997, however it is expected that the new survey will provide a considerable improvement in data quality over the existing 3D data.
It is envisaged that the data will enable better development planning for the second phase of development drilling on Aje and provide
improved data to fully evaluate the exploration potential over the whole of the OML 113 license, including the exciting synrift exploration play that was significantly de-risked though the discovery made in OPL 310. The survey is expected to be completed by end of May 2014.