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!


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

Our Privacy Pledge

More from this Author
Rigzone Staff
e-mail us at
 -  Aker Solutions to Buy Brazilian C.S.E (Oct 21)
 -  Sea Trucks Group Secures Work Offshore... (Oct 21)
 -  Shell Divests Non-Core Oil, Gas Proper... (Oct 21)
 -  Petrofac Appoints New CFO (Oct 21)
 -  Wheatstone LNG Development Start-Up in... (Oct 20)

Most Popular Articles

From the Career Center
Jobs that may interest you
United States Broussard: AFO Monitoring Specialist, Sr
Expertise: Geoscientist
Location: Broussard, ME
Mid to Senior-Level Environmental Geologist
Expertise: Environmental Engineer|Geologist
Location: Wichita, KS
Senior GIS Analyst- Spatial Data Management
Expertise: Geoscience Technician
Location: Houston, TX
search for more jobs

Brent Crude Oil : $51.78/BBL 0.77%
Light Crude Oil : $50.85/BBL 0.83%
Natural Gas : $2.99/MMBtu 4.77%
Updated in last 24 hours