PGS Data Flaunts 2D, 3D Seismic Coverage for Nigeria’s 2020 Bid Round
The PGS Nigeria MultiClient data library has said that it is providing excellent 2D and 3D seismic coverage on the recently announced blocks in the 2020 Marginal Fields Bid Round by the oil and gas authorities in Nigeria.
MegaSurveys are merged final-stack 2D and 3D datasets, which enable evaluation of basins in a regional context, including visualization of different plays and hydrocarbon migration pathways on a large scale. They act as a mechanism for exploration analog-building and opportunity identification.
Nigerian government through its Department of Petroleum Resources (DPR), recently launched its 2020 licensing round, inviting mostly local investors to participate. A total of 57 (fifty-seven) marginal fields are on offer, including a number in shallow-water terrains.
PGS MultiClient said in a statement last weekend hinted that data is available for evaluation of the blocks. “The PGS Nigeria MegaSurvey complements offshore blocks of the 2020 marginal fields bid round, offering prospective block licensees the opportunity to integrate 3D seismic data with available horizon interpretation into block evaluations to gain an understanding of prospective in key areas offshore,” the company said.
“PGS is delighted to offer this superbly located 3D data to support the Nigerian marginal fields round, and enable participating companies to gain a competitive advantage in their geological understanding’, says PGS new ventures manager, Joshua May.
The PGS MultiClient library provides widespread data coverage over the inboard extensional province of the Niger Delta’s structural zones. Regional data gives a detailed overview of complex tectonics related to the Akata Shale Formation movement and diapirism.
The shallow-water blocks of the 2020 Marginal Fields Bid Round cover two main structural provinces directly linked to the gravity-driven movement of the Akata Shale Formation. The blocks proximal to the coast are situated in the extensional province, whilst the outboard blocks transition into the diapir province. Both provinces are dominated by complex structures that generate excellent trapping potential. The largest accumulations are found in roll-over anticlines in the foot-walls of growth faults, but hydrocarbons may also be found in fault closures and subtle stratigraphic traps.
To arrange a data show of PGS Nigeria MultiClient data, please contact [email protected].
By Chibisi Ohakah, Abuja