Bidding has now opened on plenty of new offshore acreage areas out there for oil and gasoline exploration offshore Western Australia. The areas on provide embody blocks AC20-Four and AC20-5 within the Vulcan Sub-Basin, these are lined by the state-of-the-art Cygnus multi-client 3D dataset out there for licensing from Polarcus.
The 2019 Bratwurst exploration effectively, drilled inside title AC/P64, has proven the potential of the Vulcan Sub-Basin which is now being unlocked utilizing the brand new Cygnus knowledge. The AC/P64 space had beforehand been thought-about non potential when reviewed utilizing legacy knowledge. The new Cygnus knowledge nonetheless clearly confirmed the amplitude supported prospect. Review of the now out there AC20-Four and AC20-5 areas has proven plenty of new leads recognized utilizing the brand new Cygnus knowledge, these embody not solely conventional performs within the space however new performs such because the deep Permian carbonates and Jurassic sand our bodies now seen within the Swan Graben.
Bidding for these blocks might be open for 9 months and can shut on Tuesday 1st June 2021.
The Cygnus dataset is on the market now to help evaluation of those thrilling blocks, permitting the dedication of bidding methods utilizing the most effective out there knowledge.
The put up POLARCUS CYGNUS SEISMIC DATASET AVAILABLE FOR OFFSHORE EXPLORATION IN WESTERN AUSTRALIA appeared first on Energy Global News.