3D Survey over OPL 233, Offshore Nigeria, Due to Start April

Printer Friendly Version
Email this Page

South Africa-based junior explorer SacOil reported Monday that its partners have begun mobilizing equipment for a 3D seismic survey offshore Nigeria on the OPL 233 license. The move follows the completion of an Environmental Impact Assessment for the project as well as other preparatory work.

SavOil expects full mobilization to the site to be completed by the end of March. 3D seismic acquisition work is expected to begin in early April and be completed by the end of July.

The firm said that the seismic data will provide valuable subsurface information relevant for quantifying the license’s resource potential, as well as the selection of an optimal drilling location. The processing of raw data and interpretation of results is expected to be completed by the third quarter of 2014.

SacOil also reported that it has completed a satellite environmental screening study in preparation for a proposed exploration program over Block 1, which covers approximately 6,150 square miles across northern Malawi. The firm expects to have all environmental work on the block completed by 3Q 2014.

SacOil holds a 20-percent interest in OPL 233, offshore Nigeria, and 100 percent of Block 1, Malawi.



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

Printer Friendly Version
Email this Page

WHAT DO YOU THINK?

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.

Events  SUBSCRIBE TO OUR NEWSLETTER

Our Privacy Pledge
SUBSCRIBE

More from this Author
Rigzone Staff
e-mail us at news@rigzone.com
 -  First Production Flows at Bukit Tua Fi... (May 22)
 -  BG Group, Prosafe Agree New Program fo... (May 22)
 -  Mosman Hits Stumbling Block at Petrole... (May 22)
 -  Statoil Comes up Dry at 2 Norwegian Se... (May 22)
 -  Unite Joins GMB in Calling for North S... (May 22)


Most Popular Articles

From the Career Center
Jobs that may interest you
Staff Processing Geophysicist
Expertise: Geophysicist
Location: Houston, TX
 
Senior Geophysicist
Expertise: Geophysicist
Location: Houston, TX
 
Directional Drilling Coordinator - Houston
Expertise: Drilling Manager|Geologist|Operations Management
Location: Houston, 
 
search for more jobs

Brent Crude Oil : $65.37/BBL 1.75%
Light Crude Oil : $59.72/BBL 1.64%
Natural Gas : $2.89/MMBtu 2.03%
Updated in last 24 hours