The Oil and Gas Authority announced Friday that the data acquisition stage of a UK government-funded seismic campaign has been successfully completed on time and without incident.
The £20 million ($30.79 million) program in underexplored areas of the United Kingdom Continental Shelf (UKCS), which acquired more than 12,000 miles of new 2D seismic lines over a 77,000 square mile area, will “significantly improve” the previously sparse seismic coverage in the Rockall Trough and Mid-North Sea High regions, according to an OGA statement. Data from the seismic campaign will be used for the 29th Offshore Licensing Round, which will be announced in 2016.
Oonagh Werngren, Oil & Gas UK operations director, commented in an organization statement:
“The completion of the data acquisition stage of the seismic programme is very good news at a time when the sector is challenged with attracting fresh investment into the UKCS. It clearly demonstrates that government and industry can work together to make a significant contribution to developing understanding of the basin. By ensuring that the data will be made available to both industry and academia, the OGA is promoting maximum value from the surveys, which will help to stimulate further exploration activity in the UK.”
Exploration activity on the UKCS has fallen in recent years and this campaign is part of a comprehensive plan to help revitalize exploration on the UKCS. Other related activities include the ongoing 21st Century Exploration Roadmap Palaeozoic Study, managed by the British Geological Survey in collaboration with industry.
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