Australia’s Largest Non‐Exclusive Seismic 3D Reprocessing Project

Australia’s Largest Non‐Exclusive Seismic 3D Reprocessing Project

Searcher Seismic Pty Ltd today announced the largest non‐exclusive seismic 3D reprocessing project ever undertaken in Australia. The project is carried out in conjunction with Fugro whom is also processing the 3D data with state of the art processing techiques in their Perth centre.
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UK 25th Offshore Oil and Gas Licensing Round kicks off

2008.02.20 - Field Development

A record breaking 2,297 blocks or part blocks in UK waters are on offer for exploration in the 25th Offshore Oil and Gas Licensing Round announced today by Secretary of State for Energy John Hutton.

Additionally demonstrating the success of the Government and industry's 'Fallow Initiative', to stimulate activity in the North Sea. 72 blocks that were classified as "fallow" in 2007 have either been fully, or partly, relinquished in time to be on offer in this round.

John Hutton said:

"This record-breaking 25th Round includes areas of the Continental Shelf not previously explored, and demonstrates the Government's on-going commitment to maximising the UK's own energy resources.

"The UK's oil and gas industry provides three quarters of our energy needs and 400,000 jobs which is why we will continue to support further exploration to fully exploit our domestic supplies.

"We have been careful to avoid harming dolphins and other sea life that thrive in these areas in the past and will continue to do so."

In deciding which areas to offer for licensing, BERR conducted a thorough Strategic Environmental Assessment (SEA) of UK waters.

The SEA concluded that licensing may proceed subject to a number of recommendations. It recommended that some areas should be withheld from licensing for the moment due to lack of information. The recommendations have been accepted.

Before any licence awards are made an environmental assessment under the Habitats Directive will be carried out.




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