Meanwhile, on the other side of South America...
Occidental subsidiary completes seismic acquisition offshore Peru
Occidental Petroleum Corp., the parent company of Anadarko Petroleum, and its Peruvian subsidiary have completed the initial phase of a 3D marine seismic acquisition project in northern Peruvian waters. The campaign, authorized by the Ministry of Energy and Mines (Minem) in March, had a budget of $23 million. Read more.
TGS has begun acquiring the PAMA 3D Phase 1 seismic survey in the Equatorial Margin offshore northeast Brazil.
This will cover a 19,343-sq-km area over more than 25 future exploration blocks across the unexplored Pará-Maranhão Basin.
According to TGS, the Equatorial Margin has sparked interest following multiple exploration successes offshore neighboring Guyana and Suriname.
The industry is looking to investigate potential reservoir quality sands within deepwater fan systems sourced from Amazon River-related drainage. The prospective plays range from stratigraphic pinch-outs at the paleo-slope edge to anticline structures within the fold-and-thrust belt extending along the margin.
CEO Kristian Johansen said, “In addition to developing and owning the survey, we will use our own high-end streamer vessels to acquire the data, as well as our own imaging capacity. Finally, the data will be delivered to customers through the TGS data management solution.”
The survey has industry funding.
