BP Taps Stingray Geophysical for LoFS Feasibility Studies
Stingray Geophysical has been contracted by BP to conduct two Life of Field Seismic (LoFS) feasibility studies. The studies will identify the requirements for an integrated approach to LoFS or Permanent Reservoir Monitoring (PRM) on the Clair and Schiehallion fields, operated by BP in the UK North Sea.
The first study will focus on the challenges of installing LoFS solutions on the Clair field. The second study will evaluate the impediments and risks associated with cost-effective LoFS solutions for the Schiehallion field on the Atlantic margin. The field is produced through subsea completions and an FPSO, resulting in an obstructed and changing seabed environment which presents new challenges for the installation of PRM systems.
Recognizing BP's position as an industry leader in the commercial application of Life of Field Seismic, Martin Bett, Stingray's Chief Executive, said, "We are delighted to be pooling our collective knowledge and experience with BP to address the issues surrounding cost-effective and successful LoFS projects. Stingray has adopted a full life-cycle approach to reservoir monitoring and has been working on novel installation methods for its Fosar® seismic PRM solution for some time. The most effective project approaches will understand the interdependencies and opportunities provided by taking an integrated approach to the supply of equipment and its installation. We look forward to working closely with BP on these studies so that LoFS can make an increasingly important contribution to optimizing BP's reservoir management strategies."
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