3D Seismic Survey Begins at Spanish Point South

Irish explorer Providence Resources announced Thursday that 3D seismic survey operations have begun on Frontier Exploration Licence 1/14 (FEL 1/14), containing Spanish Point South, in the northern Porcupine Basin, offshore west of Ireland.

The seismic survey will cover a 280-square mile area some 85 miles from the west coast of Ireland and will take place in water depths ranging from 985 feet to 2,130 feet. The survey, which is designed to target the Upper Jurassic and Lower Cretaceous reservoir intervals that successfully tested gas condensate and oil from the Spanish Point and Burren discoveries, will be undertaken by Dolphin Geophysical's M/V Sanco Sword vessel.

Spanish Point South is operated by Cairn Energy subsidiary Capricorn Ireland, which has a working interest of 38 percent. Providence holds a 32-percent stake, while Chrysaor E&P Ireland Limited and Sosina Exploration hold 26-percent and four-percent interests respectively.

Providence Technical Director John O'Sullivan commented in a company statement:

"This new 3D seismic survey over the Spanish Point South area is our third such program in this part of the basin since 2009. When combined, these new data will allow for a comprehensive re-evaluation of the total hydrocarbon resource potential of this area, where previous wells have successfully tested both oil and gas.

"We believe that the key risk is reservoir quality, rather than hydrocarbon presence, and so we consider that modern high quality 3D seismic imaging will be a significant tool in reservoir prediction."



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
 -  Circle Oil Agrees Repayment Extension (Jun 24)
 -  MOL Group Makes Pakistan Gas Discovery (Jun 24)
 -  Statoil to Launch Training Tool for 50... (Jun 24)
 -  Atkins Wins Engineering Support Servic... (Jun 23)
 -  NZEC Plans to Boost Exploration, Appra... (Jun 23)


Most Popular Articles

From the Career Center
Jobs that may interest you
Senior Rock Physicist
Expertise: Geophysicist|Geoscientist|Petrophysicist
Location: Houston, TX
 
Business Development Manager - E&P Services
Expertise: Business Development|Geophysicist|Technical Manager
Location: Houston, TX
 
G&G Product Tester
Expertise: Geophysicist|IT - Sys Admin & Support|Software Specialist
Location: Houston
 
search for more jobs

Light Crude Oil : $50.11/BBL 1.99%
Natural Gas : $2.69/MMBtu 0.74%
Brent Crude Oil : $50.91/BBL 2.06%
Updated in last 24 hours