This follows the earlier Solomon Sea broadband non-exclusive 2D seismic survey in 2017.
The new study is said to provide a detailed understanding of the basins and hydrocarbon potential of the region, with extensive coverage of the Cape Vogel, Bougainville, and New Ireland basins.
It contains an assessment of the sequence stratigraphic framework, with chronostratigraphy unified with that complied for Searcher’s earlier Gulf of Papua prospectivity study. It also incorporates tectonostratigraphic elements, palaeogeography, gravity and magnetic interpretation, petroleum system analysis, regional hydrocarbon modeling, and a summary of play concepts.
Simon Crellin, Searcher’s sales director, said: “For the first time, modern seismic data has unveiled detailed imaging of the subsurface within the Northern basins and this study compliments this seismic data by providing a comprehensive geological understanding of the region, with several plays types identified.”