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

Sapura Scoops Petrobras Contract for Pan-Malaysia Offshore Services

Nong Yao C Development Bolsters Valeura’s Production Rates Off Thailand

ABS Gives Its Blessing to SHI’s Ammonia FPSO Design

Mitsubishi Boosts Stake in Petronas’ Malaysia LNG Plant

India Opts Out of Buying Gas from Russia's Sanctioned Arctic LNG 2 Project

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

TotalEnergies Extends LNG Supply Agreement with CNOOC Until 2034

Heat Drives Asian LNG Spot Price Spike

Shelf Drilling Sells Baltic Jack-Up Rig

Current News

Sapura Scoops Petrobras Contract for Pan-Malaysia Offshore Services

Velesto’s Drilling Rigs Up for Automatization Overhaul Under New Tech Alliance

US Firm Finds Chinese Partner to Deliver Mobile Offshore Drilling Units

TotalEnergies and Oil India to Jointly Tackle Methane Emissions Issues

Keppel Reclaiming Control of 13 Rigs to Cash In on Offshore Drilling Market's Growth

Global Offshore Wind Stumbles to the End of '24

Seatrium Delivers Fifth Jack-Up to Borr Drilling

Malaysia's FPSO Firm Bumi Armada Eyes Merger with MISC’s Offshore Unit

Global OTEC Presents OTEC Power Module for Remote Offshore Platforms

Beam’s AI-Driven AUV to Hit Offshore Wind Market in 2025

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