CGG Services’ CGG Amadeus has started an 884 square kilometers (sq km) 3-D seismic acquisition program in the G10/48 contract area in the Gulf of Thailand, KrisEnergy Ltd. said in a news release.
The program, which is expected to last about 41 days, will be carried out in two sub-areas of the G10/48 license—northwest of Wassana and southwest of Wassana—about three to 38 km from the Wassana mobile offshore production unit, the release said.
Once complete, the seismic data will be integrated with existing data over most of the identified prospective areas of the G10/48 block, which also contains the Niramai, Mayura and Rayrai oil accumulations. The Wassana oil field came into production in August 2015.
G10/48 covers 1,783 sq km over two areas in the Gulf of Thailand across the southern margin of the Pattani Basin in water depths up to 60 meters, the release said.
KrisEnergy holds an 89% working interest and operatorship of G10/48, while Palang Sophon holds the remaining 11%.
Recommended Reading
Matador Stock Offering to Pay for New Permian A&D—Analyst
2024-03-26 - Matador Resources is offering more than 5 million shares of stock for proceeds of $347 million to pay for newly disclosed transactions in Texas and New Mexico.
Flame Acquisition Holders Approve Merger with Sable Offshore
2024-02-14 - The business combination among Flame Acquisition Corp., Sable Offshore Holdings and Sable Offshore Corp. will be renamed Sable Offshore Corp.
Kimmeridge Fast Forwards on SilverBow with Takeover Bid
2024-03-13 - Investment firm Kimmeridge Energy Management, which first asked for additional SilverBow Resources board seats, has followed up with a buyout offer. A deal would make a nearly 1 Bcfe/d Eagle Ford pureplay.
NOV's AI, Edge Offerings Find Traction—Despite Crowded Field
2024-02-02 - NOV’s CEO Clay Williams is bullish on the company’s digital future, highlighting value-driven adoption of tech by customers.
Patterson-UTI Braces for Activity ‘Pause’ After E&P Consolidations
2024-02-19 - Patterson-UTI saw net income rebound from 2022 and CEO Andy Hendricks says the company is well positioned following a wave of E&P consolidations that may slow activity.