UMC: Papua New Guinea Seismic Survey Complete

Papua New Guinea-focused junior explorer UMC Energy reported Monday that the Dong Fang Kan Tan No. 1 seismic acquisition vessel has recorded approximately 1,870 miles of 2D seismic over the PPL374 and PPL375 licenses, offshore PNG.

The licenses are held by Gini Energy – a joint venture with CNOOC in which UMC holds a 30-percent stake. CNOOC is the operator of the licenses and it has funded the entire cost of the seismic survey, which was completed on January 3.

UMC Energy Technical Director Chris Hart commented in a company statement:

"The 2D acquisition project was completed without incident and ahead of schedule.  Processing of the 2D data is expected to be undertaken by CNOOC over the coming months."  



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

WHAT DO YOU THINK?

Click on the button below to add a comment.
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
Events  SUBSCRIBE TO OUR NEWSLETTER

Our Privacy Pledge
SUBSCRIBE

More from this Author
Rigzone Staff
e-mail us at news@rigzone.com
 -  OTC 2016 Slideshow Features An Offerin... (May 3)
 -  OTC 2016 Slideshow: Check Out Day One (May 2)
 -  OTC 2016: Get To Know Houston Like An ... (Apr 29)
 -  OTC 2016: Want to Drink Like A Local? ... (Apr 29)
 -  Five Things to Do at OTC 2016 (Apr 29)


Most Popular Articles

From the Career Center
Jobs that may interest you
Geophysicist
Expertise: Geophysicist
Location: Houston, TX
 
Permian Sr. Land Representative - Midland, TX
Expertise: Energy / Commodity Trading|Helicopter Pilot / Operations|Laboratory Ops / Tech|Legal|Marketing|ROV Ops / Tech|Seismic
Location: Houston, TX
 
Senior Geotechnical / Civil Engineer / Project Manager
Expertise: Geoscience Technician
Location: Tampa, FL
 
search for more jobs

Brent Crude Oil : $45.01/BBL 0.87%
Light Crude Oil : $44.32/BBL 1.23%
Natural Gas : $2.07/MMBtu 3.27%
Updated in last 24 hours