TGS Acquires data for shallow and deepwater offshore Somaliland
2008.04.12 -
Field Development
TGS-NOPEC Geophysical Company (TGS) announced today that it has completed acquisition of two new multi-client programs in Somaliland. Offshore, TGS has acquired approximately 5,100 kilometers of 2D seismic, gravity, and magnetic data covering both shallow and deep water areas. Processing and interpretation of the data should be available to clients by the third quarter of 2008. Onshore, TGS has acquired approximately 34,000 kilometers of high resolution aeromagnetic data covering all known Somaliland petroleum basins. The aeromagnetic data is currently in processing and should be available to clients by mid-2008. Both programs have been acquired in cooperation with the Ministry of Water and Natural Resources and are marketed exclusively by TGS.
The Somaliland government has announced its intent to conduct an open bid round later in the year after the data become available. The seismic and aeromagnetic programs being acquired by TGS will provide data needed to define the principle structural elements of the area and allow for the development of leads, plays, and structural highs for further investigation. The area is geologically analogous to Yemen where several oil fields have been discovered to date.
PA Resources AB has signed an agreement with the shareholders to acquire the entire share capital of the British oil exploration company Scotsdale Ltd. The company is focusing on low risk exploration in North West Europe. The acquisition means that PA Resources increases its presence in the North Sea with licenses in the United Kingdom and Denmark, and potentially also in the Netherlands.
Aker Exploration has entered into agreements with the international oil company Eni Norge to acquire ownership interests in two licenses in the vicinity of the Åsgard field. The agreements further strengthen Aker Exploration’s position in the Norwegian Sea.
SCAN Geophysical ASA (SCAN) today announced that the company is
remobilising its seismic vessel, M/V Geo Searcher, to re-commence a previously-suspended
2D project offshore Pakistan for BP.
The Norwegian Petroleum Directorate (NPD) has granted ENI Norge AS a drilling permit for wellbore 34/12-1 in the North Sea.
Eni has successfully drilled the last appraisal well, encountered approximately 127 metres (419 ft) of net pay in multiple sands. The initial analysis indicates good reservoir quality.
