PGS, TGS, and SLB in Offshore Seismic Data Reprocessing Deal in Sarawak Province, Malaysia

Monday, June 26, 2023

Norwegian offshore seismic firm PGS and JV consortium partners TGS and SLB have signed a MultiClient reprocessing agreement to expand MultiClient 3D coverage in the prospective Sarawak province offshore Malaysia. 

This will be achieved by reprocessing legacy datasets with Petronas Malaysia Petroleum Management’s (MPM) approval to complement and merge with newly acquired phases.

The reprocessing addendum enhances a multi-year contract awarded initially by Petronas in August 2020 to acquire and process up to 105,000 km² of MultiClient 3D data over a 5-year period in the Basin. 

The second phase of the Sarawak acquisition program is currently underway in blocks ND-3 and SK-3B and will be merged with approximately 6700 square kilometers of reprocessed data.

"The Sarawak basins comprise a proven petroleum system with many producing fields already present in the Central Luconia province. Through the addition of high quality reprocessing of legacy data on a MultiClient basis, PGS and partners will be able to high grade areas and merge with newly acquired GeoStreamer data to improve regional understanding of the petroleum systems and leads mapping in frontier blocks. This will ultimately lead to accelerated projects and renewed phases of acquisition,” says Nathan Oliver, EVP Sales & Services in PGS.

The re-processing of existing legacy seismic data on a MultiClient basis is permitted within the polygon shown in the image above.

Categories: Energy Geoscience Industry News Activity Asia Seismic

Related Stories

Seadrill Secures Offshore Drilling Deals Across Four Countries

Oil Caught Between Trump's Russia Supply Push and Middle East Risks

Eni Agrees Indonesian Gas Asset Sales to Pertamina and Medco

Iran Weighs US Response as Hormuz Reopening Talks Stall

Eni Taps Yinson Production for Major Ghana FPSO Gas Upgrade

KKB Unit to Deliver Offshore Structures for Shell’s Malaysian Fields

Kazakhstan Resumes Action to Collect $5.2B Kashagan Field Fine

Qatar-Linked LNG Tankers Resume Hormuz Transits

Viridien Progresses Hybrid Multi-Client Survey Offshore Malaysia

TGS Extends Work on Indonesia’s Largest Seismic Acquisition Project

Current News

Seadrill Secures Offshore Drilling Deals Across Four Countries

Jack-Up Rig Arrives in Indonesia for Conrad Asia Energy's MOPU Conversion

Murphy Oil Finds More Oil Offshore Vietnam, Côte d'Ivoire

Oil Caught Between Trump's Russia Supply Push and Middle East Risks

Eni Agrees Indonesian Gas Asset Sales to Pertamina and Medco

Riyadh Attacks Disrupt Oil Majors' Summit Plans

Iran Weighs US Response as Hormuz Reopening Talks Stall

Valeura Starts Wassana Platform Installation Offshore Thailand

Oil Stabilizes as IEA Moves to Speed Up Emergency Stock Releases

Yinson Production Raises $1.46B to Refinance Agogo FPSO

Subscribe for AOG Digital E‑News

AOG Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

https://accounts.newwavemedia.com