Alborada Begins Seismic Study on Sinu-San Jacinto Basin

The Colombian-Norwegian Alborada consortium has begun the seismic exploration process in Colombia's northern Bolivar department, an ANH spokesperson told BNamericas, confirming a report by local paper El Tiempo.

The study is currently in the preparatory phase including the presentation of social and environmental programs, and the consortium will begin acquiring seismic data in roughly two months, the spokesperson said.

The Alborada consortium, comprised of local company Sismopetroleo and Norwegian firm PGS Geophysical, was one of six groups that bid for the seismic study of Bolivar department's Sinu-San Jacinto basin in October last year.

The exploration contract is valued at 36.6bn pesos (US$15.9mn) with an 11-month term that began on January 20, the spokesperson said.

Colombia's oil and gas sector plans to collect 10,000km of seismic data in 2006, 7,000km of which will be collected by private companies, according to a previous BNamericas report.

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