CGG to Promote Enhanced Data Packages for Cameroon Licensing Round

Tuesday, January 23, 2018

CGG entered into an agreement with Cameroon’s state-run SNH, to promote enhanced multi-client E&P data packages and interpretative products, in support of Cameroon’s 2018 Onshore and Offshore Licensing Round. In the licensing round SNH is offering up eight free blocks, located in sedimentary basins offshore and onshore Cameroon.

The licensing round opened on January 15 and has a closing deadline of June 29. SNH will host roadshows in London and Houston. The roadshows will take place February 28 through March 2 in London and March 7 to March 9 in Houston. Specialists from both CGG and SNH will be in attendance.

Cameroon is a proven hydrocarbon province with oil and gas production from both the Rio Del Rey (RDR) and Douala/Kribi-Campo (DKC) basins. Significant further opportunities exist for commercial hydrocarbon accumulations in both basins with large tracts of open acreage available, particularly in the DKC basin. Recent new petrophysical and geophysical analyses have identified potential missed opportunities from previous exploration, and there is even more potential for large volumes of hydrocarbons to be present across these increasingly prospective basins.

The TerraCube™ suite of integrated data packages of the onshore/offshore DKC and RDR sedimentary basins will offer oil and gas explorers access to workstation-ready 2D and 3D seismic, well data and interpretative products, with unrivalled coverage, enabling them to make a rapid technical evaluation of the hydrocarbon potential of the blocks on offer.

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