Red Sky Energy has advised that the planned seismic acquisition programme with Santos to cover parts of PRL14 including Yarrow and PRL17 at the Innamincka Dome in the Cooper Basin has been completed.
All crews and equipment have been demobilised offsite. Santos continues to work on the technical aspects of the project with acquisition data to be processed and interpreted in the coming months.
Commenting on the Seismic Acquisition, Red Sky Managing Director, Andrew Knox, said:
'Red Sky is pleased with the completion of the seismic acquisition the results of which will be utilised for a full field development plan.'
The joint acquisition was cost effective and will result in a shared benefit area. The seismic acquisition will provide valuable information about the subsurface structure, which is important to Red Sky’s placement of further development wells and exploration activities.
Seismic acquisition is a crucial process in the project's exploration phase. Its primary purpose is to gather precise and dependable subsurface data, which will aid Red Sky in making well-informed choices regarding drilling locations. This method involves creating intricate subsurface images by observing how seismic waves move through various layers of rock and other substances. These seismic waves are intentionally generated using a seismic source that directs energy into the ground. As this energy travels through the subsurface, it bounces back upon encountering boundaries between distinct rock layers or other geological characteristics.
Red Sky holds 20% working interest in six PRLs (14, 17, 18, 180, 181, 182) at the Innamincka Dome in the Cooper Basin.