Oilex 3D seismic survey starts in the Timor Sea

The first phase of offshore operations is under way in block JPDA 06–103 of the Timor Sea joint petroleum development area (JPDA) between Timor-Leste and Australia, says operator Oilex.

Offshore staff

PERTH, Australia -- The first phase of offshore operations is under way in block JPDA 06–103 of the Timor Sea joint petroleum development area (JPDA) between Timor-Leste and Australia, says operator Oilex.

TheGeowave Champion seismic vessel has completed its clearances and is on location preparing to run the, high resolution Maura 3D marine seismic program over an area of 2,082 sq km (804 sq mi). Data from this survey will be combined with existing data to provide 3D seismic coverage over more than 90% of the block.

Processing of the data is expected to be concluded at the end of 2008 and the interpretation of the data over the entire block is anticipated to be completed by the end of March 2009. Locations for exploration wells will then be selected for drilling starting about mid-year 2009.

To that end, Oilex is also in negotiation with suppliers of offshore drilling equipment to secure the services of a semisubmersible drilling unit to drill two wells in the first phase mid-year 2009 to be followed up by further drilling activity later in the year.

06/05/2008

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