3D seismic survey completed over Pensacola in the North Sea
LONDON – Shearwater GeoServices’ Polar Empress has completed a 420-sq km (162-sq mi) broadband 3D seismic survey over the Pensacola prospect on license P2252 in the southern North Sea, according to Cluff Natural Resources.
Data acquisition began on Aug. 4 and was completed on Aug. 21.
The data collected will now be processed, along with the existing legacy dataset, to pre-stack depth migration with the final results expected to be received by early 3Q 2020.
Shell recently became operator, following a farm-in deal with Cluff. Under the terms of the farm-in agreement, Shell is paying 100% of the costs of the seismic acquisition, processing, and interpretation work program until the end of 2020 or until a well investment decision is made.
According to Cluff, the partnership is still on course to meet the timelines agreed with the Oil and Gas Authority and a decision on the contingent well commitment is expected to be taken in the second half of 2020.
Cluff holds a 30% non-operated interest in license P2252.
The Pensacola prospect is estimated to contain gross P50 prospective resources of 309 bcf in an untested Zechstein Reef.