OGA Releases Results of Government Funded Seismic Program



OGA Releases Results of Government Funded Seismic Program
The Oil and Gas Authority releases the results of a $26 million UK Government-funded seismic program to support the upcoming 31st Offshore Licensing Round.

The Oil and Gas Authority has released the results of a $26 million (GBP 20 million) UK Government-funded seismic program to support the upcoming 31st Offshore Licensing Round, which will open in mid-2018.

This dataset is now available to industry and academia, and contains close to 19,000km of newly acquired broadband seismic data, new gravity and magnetic surveys, approximately 23,000km of reprocessed legacy seismic data and a rejuvenated set of digital well data, in addition to various supplementary reports.

The new marine 2D surveys, acquired during Summer 2016, cover the East Shetland Platform and South West Britain areas, with reprocessed datasets stretching along the English Channel and up the western areas of the UK as far as the Hebrides.

Together with data from a 2015 seismic program, this provides a regional exploration dataset for almost all of the UK’s under-explored offshore shelf, in regions where no substantial activity has occurred in decades.

“The UKCS has a lot to play for with up to 10 to 20 billion barrels of oil still remaining,” said Jo Bagguley, OGA principal regional geologist, in an organization statement.

“The challenge is now for industry to increase the level and quality of exploration drilling across the UKCS and work together with the OGA in maximizing economic recovery,” she added.

Katy Heidenreich, Oil & Gas UK’s operations optimization manager, said improving access to quality well and seismic data is a ‘key lever’ to unlocking exploration activity on the UKCS. 

“This data release marks another key milestone in the collective drive towards improving commercial success rates and stimulating fresh interest in potential new development opportunities,” said Heidenreich in an organization statement.



WHAT DO YOU THINK?


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.