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Tuesday, April 18, 2023
Pancontinental Energy has provided an update regarding the seismic program offshore Namibia. The 6,872 sq km PEL 87 3D survey is being acquired by Petroleum Geo-Services’ Ramform Titan survey vessel.
The company reports that PGS is providing extremely high efficiency data acquisition due to its configuration of 12 x 10 km (6 miles) streamer cables, with a streamer spread of 1.6 km (1 mile). Over 50% of the survey has now been acquired, with the remainder expected to be completed by early June 2023.
Early ‘fast-track’ processed results should become available and interpreted before the end of August 2023. Full processing and interpretation will require an additional few months.
The Ramform Titan is also gathering extensive magnetic and gravity data. These data are generally used to better define the basin architecture in the pre-rift sequence below the main prospective horizons.
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