Polarcus expands multi-client footprint offshore Guinea-BissauProjects and Operations // November 13, 2014
Polarcus Limited has announced the expansion of its multi-client data library offshore Guinea-Bissau.
The recently announced dual well successes on trend to the north, offshore Senegal, have resulted in renewed industry interest in the Cretaceous slope fan and shelf-edge reef plays along the basin margin.
Similar plays to the south in both the AGC and Guinea-Bissau have now been significantly de-risked for oil source but will still require the greater resolution inherent in 3D broadband seismic to fully understand the complex trapping and migration route configurations required for further drilling success.
In response to this heightened industry interest Polarcus has secured further industry prefunding to acquire, in collaboration with Petroguin EP, a new 3D multi-client survey offshore Guinea-Bissau, expanding the company's 3D multi-client data library across the Mauritania-Senegal-Guinea-Bissau Basin (MSGB) in the AGC and Guinea-Bissau to over 8,300 square kilometres.
The new high density RightBAND) 3D survey of approximately 2,300 square kilometres will commence in the fourth quarter of 2014 utilizing a Polarcus A-class seismic vessel and is expected to run for approximately 75 days.
Final data products will be available mid-2015.