PGS Supports Nigerian Mini Bid Round

Source: 1/9/2023, Location: Africa

PGS is pleased to support the recently announced Nigeria 2022 Mini Bid Round with an excellent range of 3D coverage over the seven blocks on offer.

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) have scheduled a pre-bid conference on 16 January 2023, after which interested companies will be invited to submit their pre-qualification applications by 31 Jan 2023.

Seven blocks are on offer, focused in the north-western Nigerian Offshore. Blocks PPL-300-DO, PPL-301-DO and PPL-302-DO are located in the Nigerian Transform Margin area. Blocks PPL-303-DO, PPL-304-DO, PPL-305-DO and PPL-306-DO are within the deepwater Niger Delta Basin.

PGS has assembled a data package to license over the blocks, comprised of ~10 000 sq. km of merged 3D seismic data. This is composed of various input surveys which have been matched, merged and re-binned onto a common grid resulting in a single, continuous volume of full-stack seismic data in the time domain.

This extensive seismic coverage allows for regional-scale understanding of prospectivity in and around the license round acreage. Enhanced datasets are also available to license as GeoStreamer PSTM and MegaSurveyPlus PSTM which have additional products such as angle stacks and gathers.

PGS Data Provides Better Geological Insight
The Niger Delta Basin is dominated by up to 12 km of Late Cretaceous to Quaternary aged clastics deposited in an upward coarsening regressive deltaic sequence. The main source rocks are Akata Formation marine shales and Lower Agbada Formation paralic shales. Proven reservoirs in the basin are dominated by unconsolidated sandstones of the Agbada Formation deposited as stacked turbidite channel and fan complexes.

Two main plays are proven in the Nigerian Transform Margin area; the syn-transform Lower Cretaceous and post-transform Upper Cretaceous. Cenomanian-Turonian marine shales provide an oil-prone source rock in the region, with potential reservoirs deposited as shallow and marginal marine sandstones in the Lower Cretaceous, and deep-marine sandstones in the Upper Cretaceous.

With the Petroleum Industry Act in place potential bidders benefit from a clear legislative backdrop from NUPRC as well as from a wealth of 3D seismic data from PGS.

Suriname >>  3/21/2023 - CGG, a global technology and HPC leader, in a consortium with TGS and BGP, today announced the completion of Phase IV of the deepwater 3D seismic surv...
United Kingdom >>  3/20/2023 - Offshore service company Argeo has signed a survey contract with Stromar, a consortium made up of Ørsted, Renantis and BlueFloat Energy. The contrac...

South Korea >>  3/8/2023 - Shearwater GeoServices announced today the award of a 3D streamer survey by Korea National Oil Corporation (KNOC) off the coast of South Korea.

Norway >>  3/6/2023 - TGS, a leading global energy data and intelligence provider, are proud to announce that it has secured pre-funding for a new multi-client 3D seismic s...

Namibia >>  3/3/2023 - PGS has signed a 3D exploration acquisition contract* for work offshore Namibia. Ramform Titan is mobilizing for the survey and acquisition is expecte...
United States >>  2/28/2023 - Geospace Technologies Corporation announced its subsidiary Quantum Technology Sciences, Inc. signed a $1.5 million contract with the Defense Advanced ...

Gulf Oil and Gas
Copyright © 2023 ICT All rights reserved. - Terms of Service - Privacy Policy.