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Chariot fires up 3D seismic survey offshore Namibia

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LONDON – A 3D seismic acquisition program offshore Namibia is underway by Petroleum Geo-Services, reports Chariot Oil & Gas Ltd.

The central blocks – license 19, blocks 2312 A and B and northern halves of 2412 A and B - are in the Luderitz and Walvis basins and cover an area of 16,801 sq km (6,487 sq mi). Following reprocessing and reinterpretation of the existing 2D seismic data, Chariot and PGS agree to focus the 3D seismic acquisition in the northeastern area of the blocks.

The acreage has multiple target levels and leads including analogues to the “Nimrod” feature in Chariot’s Southern acreage. Overall, Chariot says these elements increase the likelihood of maturing multiple drilling targets within the 3D acquisition area.

To capture as many high-grade leads as possible, the survey has been extended to cover 3,500 sq km (1,351 sq mi) from the originally planned 2,500 sq km (965 sq mi). An additional benefit is that the new 3D seismic area covers water depths ranging from 750-1,750 m, significantly shallower than the depths in the originally proposed acquisition area.

11/15/2011

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