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The investment from bp Ventures, Woodside Energy and Blue Ocean Monitoring will be deployed to continue the development of a fully integrated system which uses long endurance self-repositioning autonomous underwater nodes to conduct offshore seismic surveys.
The company will begin acquiring and processing new 3D seismic data in 4Q20.
WellPath is a new interactive 3D well path planning solution for optimal well planning in unconventional and fractured reservoirs and offshore development platforms.
Block 70 is an onshore block that includes the shallow undeveloped Mafraq heavy oilfield, located in the middle of the Ghaba Salt Basin.
Recoverable resources are estimated to be in the range of 2-6 million m3 of oil equivalent, corresponding to 13-38 million boe.
Wintershall Noordzee is currently finalising the hook-up activities to the D12-B production platform, from where the produced gas will be transported via the Neptune Energy-operated D15-A production platform, through the NGT gas transportation system to shore.
The policy measure is designed to allow all future bid deposit forfeitures to be reinvested as received.
First images from the Central North Sea survey are targeted for 1Q21.
Hydrocarbons have been identified in the pioneer well of block C-M-657, located in the pre-salt of the Campos Basin.
The contract will start in 4Q20 with an expected duration of about three months.
The survey is anticipated to start in December 2020 with a project duration of approximately 80 days.
The 3D seismic survey covers surface area of 6200 km2 in Suriname’s Block 52 and will be carried out by the Geo Caribbean vessel.