PGS acquiring Falklands 3D seismic for Noble Energy


PGS acquiring Falklands 3D seismic for Noble Energy

LONDON -- Falkland Oil & Gas, an exploration company focused on its extensive license areas to the south and east of the Falkland Islands, said the PGS M/V Ramform Sterling has started a 3D seismic survey over the mid-Cretaceous Diomedia fan complex within the southern area licenses.

Survey will cover a minimum area of 4,000 sq km and is likely to take four months to complete. This survey will be operated by Noble Energy. Original plan was that the Diomedia survey would be acquired later in 2013, however due to the late completion of the Scotia well, there has been insufficient time to allow the Scotia results to influence the exact location and design of the 3D survey.

As a result, FOGL and its joint venture partners have decided to swap the order of the two surveys and the northern area 3D survey will now be acquired in the fourth quarter of 2013. A second 3D survey, operated by FOGL and using the PGS M/V Ramform Challenger, is expected to start in the first quarter of 2013.

Dow Jones Newswires

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