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

Abu Dhabi's NMDC Group Gets $1.1B Subsea Gas Pipeline Job in Taiwan

INEOS Picks Up CNOOC’s US Assets in $2B Deal

East Timor Eyes Chinese Partners for Stalled Greater Sunrise Gas Development

MCDermott Gets Pipelines and Cables Job at Qatar's Giant Gas Field

TotalEnergies Signs LNG Supply Deal with South Korea’s HD Hyundai Chemical

Joint Venture Partners Ink Commercial Deals to Develop Gas Reserves at Azerbaijan’s ACG Field

SBM Offshore’s FPSO for ExxonMobil’s Guyana Oil Project Takes Final Shape (Video)

CNOOC Maintains Steady Oil Production as Bebinca Typhoon Crosses East China Sea

Allseas Hooks $180M Pipeline Installation Job Offshore Philippines

CNOOC Ticks Another Milestone in Ultra-Deepwater Gas Exploration

Current News

CNOOC Boosts Dongfang Gas Fields Output with New Platform Coming Online

Petronas to Retain National Authority After Sarawak Gas Deal

Yinson Production Scoops $1B Investment to Upscale FPSO Business

Petronas Greenlights Hidayah Field Development Off Indonesia

Abu Dhabi's NMDC Group Gets $1.1B Subsea Gas Pipeline Job in Taiwan

BP Targets 44% Oil, 89% Gas Increase from India’s Mumbai High Field

US Operator Finds Oil Offshore Vietnam

BP to Help Boost Oil and Gas Output at India’s Largest Producing Field

Europe's Gas Uncertainty Help Drive Asian LNG Spot Prices Higher

CNOOC’s South China Sea Oil Field Goes On Stream

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