PCJ Selling Morant, Formigas Seismic Data

State-run Petroleum Corporation of Jamaica (PCJ) is selling 1,044km of digitally reconstructed seismic data for the Morant and Formigas offshore areas.

The date is available by license from PCJ's UK agent MDOIL for US$7,500 for a single user and a 50% discount for partners.

"The Morant-Formigas bank area may well be part of a future licensing round," PCJ special projects director Raymond Wright told BNamericas.

"However, initially we are presenting the data to industry as part of their general interest in the geological basin offshore southern Jamaica," said Wright, adding there has been "important" interest and data has been sold.

A second oil and gas licensing round to explore onshore and offshore blocks is underway, with informal proposals due July 15.

In 2005, Australian company Finder Exploration and Canada's Rainville Energy picked up five and three offshore blocks respectively that cover 23,193km2 in total.

Visit BNamericas to access our real-time news reports, 10-year archive, Fact File company database, and latest research reports. Click here for a Free two week trial to our Latin America Oil & Gas information service.

For More Information on the Offshore Rig Fleet:
RigLogix can provide the information that you need about the offshore rig fleet, whether you need utilization and industry trends or detailed reports on future rig contracts. Subscribing to RigLogix will allow you to access dozens of prebuilt reports and build your own custom reports using hundreds of available data columns. For more information about a RigLogix subscription, visit www.riglogix.com.