TGS has announced an agreement with the National Oil Company of Liberia to reprocess over 5100 km2 of 3D seismic data over Blocks 8 & 9 in the offshore Liberia basin.
The survey will be processed using a Pre-Stack Depth Migration (PSDM) workflow to enable optimal imaging of the main targets in the Cretaceous reservoirs to reveal the latest insights into the prospectivity of the Liberia Basin.
Since June 2021, the Liberia Petroleum Regulatory Authority (LPRA), in cooperation with NOCAL, has invited direct exploration licensing negotiations for all offshore blocks over the Harper and Liberia basins. 33 blocks are available with a maximum block size of 3500 km2.
EVP Eastern Hemisphere at TGS, Will Ashby, commented, "TGS has been active in acquiring data over the West Africa Transform margin for the past two decades, and this update of a key 3D survey demonstrates TGS' ongoing commitment to exploration success in the country. Offshore Liberia offers significant hydrocarbon potential and we are proud of our long and successful partnership with Liberia."
The survey is supported by industry funding, with processing starting this month and final deliverables expected in Q2 2023.
Read the latest issue of Oilfield Technology in full for free: Spring 2022
Oilfield Technology’s first issue of 2022 begins with analysis from Wood Mackenzie on the disconnect between surging oil prices and US oil production growth and investment. The rest of the issue is dedicated to features covering sand removal technology, dissolvable frac plug technology, digitalisation of offshore operations, annular intervention, oilfield chemicals, subsea compression systems and smart instrument measurement.
Exclusive contributions come from TETRA Technologies, NOV, Archer, Expro, Locus Bio-Energy Solutions, AES Drilling Fluids, MAN Energy Solutions and Winters Instruments.
Read the article online at: https://www.oilfieldtechnology.com/digital-oilfield/19052022/tgs-announces-agreement-with-national-oil-company-of-liberia-to-process-3d-seismic-data/