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PNG: Searcher Seismic announces completion of Gulf of Papua Prospectivity Study

15 Jan 2020

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Searcher Seismic has announced the expansion of its modern offshore data library with the completion of the Gulf of Papua Prospectivity Study in Papua New Guinea.

The Gulf of Papua is a vast area comprising over 187,000 km2. With only 27 wildcat exploration wells drilled to date in shallow water, much of the region remains under explored.

The Gulf of Papua Prospectivity Study was undertaken by Discover Geoscience on behalf of Searcher and consists of five main sections; Tectono-Stratigraphic Framework, Tectonostratigraphic Elements, Facies and EOD Mapping, Charge Modelling plus Play Concepts & Leads Inventory.

The Study is being offered to industry as an integrated multi-disciplinary report of the hydrocarbon prospectivity potential across the entire Gulf of Papua utilising the wealth of data from Searcher’s Gulf of Papua datasets.

Searcher has the most expansive multi-client geoscience dataset available in Papua New Guinea; including 77,910 km 2D seismic data (newly acquired and reprocessed), 1,795 3D seismic reprocessing, 60,690 airborne gravity, magnetic and gradiometry data and a Geochemical Study covering the entire Gulf of Papua.  

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Simon Crellin, Sales Director for Searcher, said Papua New Guinea has become one of the world’s most exciting exploration regions, with significant petroleum potential in the Gulf of Papua.

'Modern seismic data has enabled deeper imaging of distinctive tectonic packages and basement which has been utilised in the study, leading to the identification of several new plays within the Gulf of Papua.

'The study has revealed significant prospectivity in this frontier region. Leveraging high-quality seismic data, drop cores, dredge samples, seep data and geochemical analysis within this study has enabled us to build a comprehensive leads inventory for the Gulf of Papua', Mr Crellin added.

The Gulf of Papua Perspectivity Study is also available alongside the Gulf of Papua seismic datasets.

Original article link

Source: Searcher Seismic

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