PGS GeoStreamer MultiClient acquisition begins in Australia’s Browse basin

7/2/2013

PGS GeoStreamer MultiClient acquisition begins in Australia’s Browse basin

LONDON -- Petroleum Geo-Services (PGS) has recently commenced acquisition of a new GeoStreamer MultiClient 3D marine seismic survey (Caswell MC3D), in the highly prospective Browse basin, offshore Western Australia. The Caswell MC3D approval area covers roughly 15,000 sq km, with planned acquisition of new data to be conducted in multiple phases within this defined area. The approval area covers several exploration permits, where there has been recent drilling success, in addition to three of the 2013 release areas (W13-1, 2 & 3) and adjacent open acreage.

The Caswell MC3D survey will be acquired between June 2013 and December 2014. The survey will utilize PGS’s GeoStreamer technology, providing broad bandwidth data with significant uplift in deep penetration, thereby improving deeper target reservoir resolution and description.

The Caswell GeoStreamer program is an addition to PGS’ extensive MC2D and MC3D library across Australia, Indonesia and Papua New Guinea. The survey is supported by industry funding.

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