Kosmos Completes 3D Seismic Program off Ireland

Europa Oil & Gas reported Thursday that its partner, Kosmos Energy Ireland, has completed a 575-square mile 3D seismic data acquisition program on its FEL 2/13 and FEL 3/13 licenses in the South Porcupine Basin, offshore Ireland.

Europa said that processing of the newly-acquired seismic data has already begun and delivery of the processed data is expected during the first quarter of 2014. The firm said the dataset should enable detailed prospect mapping, with the intention of significantly de-risking the previously-identified prospectivity on both licenses.

Depending upon how the data is interpreted, the partnership believes it should have sufficient technical and commercial information to make a drilling decision during the second half of next year, with drilling taking place in 2015 or 2016 if a go-ahead is given.

Europa CEO Hugh Mackay commented in a company statement:

"The 3D seismic commitment of 740 square kilometers on each license has been fulfilled within just four-and-a-half months of the start date of FEL. This is fast track exploration as we, led by Kosmos, target similar Cretaceous plays in the South Porcupine basin to those that Kosmos successfully pioneered in the Atlantic Margin basins offshore West Africa.

"It is testament to the caliber of the operations teams at both Kosmos and Polarcus that we have successfully completed the seismic acquisition over both licenses, and effectively a year ahead of schedule. Subject to the results of the interpretation of the newly acquired data, we could be in a position to commence well planning in the second half of 2014, as we look to prove up the company-making prospectivity on both our Irish blocks."

Have a news tip? Share it with Rigzone!
Email news@rigzone.com


Post a Comment Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.

Related Companies

Our Privacy Pledge

More from this Author
Rigzone Staff
e-mail us at news@rigzone.com
 -  Muhibbah Says Malaysia's Ophir Field W... (Nov 30)
 -  Edvard Grieg Field Begins Production (Nov 30)
 -  Sterling Completes Mauritania Block C-... (Nov 30)
 -  NPD Grants Lundin Drilling Permit for ... (Nov 30)
 -  Oil & Gas UK Appoints New Board Member... (Nov 30)

Most Popular Articles

From the Career Center
Jobs that may interest you
Senior Consultant
Expertise: Geoscience Technician|Geotechnical Engineer|Software Specialist
Location: Houston
Geologist, Business Development
Expertise: Geologist|Geoscientist|Seismic
Location: Houston, USA, TX
Senior Geotechnical Engineer
Expertise: Geotechnical Engineer
Location: Tyler, TX
search for more jobs

Brent Crude Oil : $44.61/BBL 3.37%
Light Crude Oil : $41.65/BBL 3.22%
Natural Gas : $2.235/MMBtu 1.13%
Updated in last 24 hours