PGS, GWL Acquire Survey in Russian Barents and Kara Seas

SeaDiscovery.com
Tuesday, August 06, 2013
Barents Sea and Kara Sea 2D Scientific Survey Area

Petroleum Geo-Services (PGS), within the framework of an international scientific program, has acquired 8,840 line km of 2D data in the Russian Barents Sea and Kara Sea. The 2D survey, conducted in partnership with Geology Without Limits (GWL), began in 2012, using the vessel Akademik Lazarev. This scientific research survey is part of a multi-year, long offset, reflection seismic program. The scope of work included increasing knowledge of the regional geology, tying the sedimentary basins, exploring interesting geological structures and identifying potential well locations in the Barents and Kara Sea area.

The scientific research conducted in 2012 showed that the northern part of the Kara Sea usually marked out as the Kara Plate is a highly promising proliferous region. Even at this early stage of exploration maturity, it is obvious that the area is quite promising relative to other prospects on the Russian Arctic Shelf and there are strong indications of oil dominance in hydrocarbon presence. Recoverable resources estimated by existing operators in the region have been significant in recent years.

The Kara Plate has, until recently, remained one of the least explored regions of the Barents-Kara Shelf. Geophysical investigations began during the 1970s and the first offshore drilling started in the early 1980s, in this area which is ice-bound for the majority of the year.

The Kara Sea is a complex mosaic of basins and platforms, having undergone intercontinental sedimentation from 240 million years ago to 60 million years ago, after which it bordered the developing Atlantic and Arctic oceans. Availability of copious, many-kilometer thick Palaeozoic carbonate complexes means that the Kara Plate is similar in many respects to the Timan-Pechora Plate, which is one of the main oil producing regions of Russia. The Kara Plate also has additional promising features compared with the Timan-Pechora Plate, including the thickness of carbonate cover and diversity of facies settings. Deposits of deep-water back-reef depressions are potential oil source rocks, while reefs themselves are very promising reservoirs. In the context of the current overall progress of exploration in the region, there are many encouraging structures which have been revealed in deposits of all Palaeozoic systems, with both anticlinal and stratigraphic and lithological potential traps.

The first datasets from this scientific research program are now available as of July 2013 and can be obtained by contacting the PGS MultiClient team at meinfo@pgs.com.
 

Maritime Reporter March 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Contracts

Latest Shipbuilding Contracts Include VLCC Order for Philippine Yard

In the latest Clarkson Hellas S&P Weekly Bulletin newbuilding orders are reported in Far East shipyards for a range of vessels as follows: Bulk carriers Clarkson

Padbury delays detailing port funding

Padbury Mining on Thursday failed to reveal the investors behind a more than $6 billion port and rail project in Western Australia's iron ore belt, asking for its

JFD Awarded Australian Navy Commendation

Commendation awarded by the Royal Australian Navy for dedicated work, commitment and support for Exercise Black Carillon 2013   James Fisher Defence (JFD) has

Environmental

Miami Tugboat Oil Spill: Coast Guard Respond

The US Coast Guard says that its crewmembers are responding to a fuel spill in the vicinity of Government Cut in Miami, following a leak discovered aboard the 95-foot tugboat 'Neptune'.

California Port Seeks Public Feedback on Expansion Plans

The Port of San Diego apprises it is to host separate open house events for the public to provide feedback on its long-range vision and 'Integrated Port Master Plan Update' process.

Canada Opts Out of Arctic Council Meeting

Canadian Environment Minister Leona Aglukkaq stated that a principled stand had been taken by Ottawa against Moscow's intervention in events in Ukraine, reports

Energy

POSH may raise $311 Mln in Singapore IPO

PACC Offshore Services Holdings (POSH) could raise at least S$388.27 million ($311 million) after pricing its initial public offering near the bottom of the pricing range indicated earlier,

BOEM gives more time to submit plans OCS

The Bureau of Ocean Energy Management (BOEM) announced today the publication of its Final Rule to extend time requirements for submitting a Site Assessment Plan

Putin set on defusing Ukraine crisis

Foreign ministers from East and West will try to defuse the Ukraine crisis on Thursday in Geneva, once frequently the scene of Cold War negotiations, but will risk

Marine Science

KVH Precision Sensors for Geodetics' Inertial Navigation Systems

KVH Industries, Inc.,  a leading manufacturer of high performance fiber optic-based inertial sensors and gyros has entered into a strategic partnership with Geodetics Inc.

BOEM gives more time to submit plans OCS

The Bureau of Ocean Energy Management (BOEM) announced today the publication of its Final Rule to extend time requirements for submitting a Site Assessment Plan

Three NOAA scientists honored by White House

The White House yesterday awarded three NOAA scientists with Presidential Early Career Awards for Scientists and Engineers. The award is the highest honor given

Offshore Energy

Ultra-deepwater Drillship 'Maersk Valiant' Delivered

Maersk Drilling advises that its second new drillship, 'Maersk Valiant', has been delivered from the Samsung Heavy Industries (SHI) shipyard in Geoje-Si, South-Korea.

POSH may raise $311 Mln in Singapore IPO

PACC Offshore Services Holdings (POSH) could raise at least S$388.27 million ($311 million) after pricing its initial public offering near the bottom of the pricing range indicated earlier,

Offshore Driller Noble Corp Q1 Earnings Beat Forecasts

Noble Corp., a leading offshore driller, reported first-quarter net income on Wednesday of $0.99 a share, higher than consensus forecasts, as new rigs helped lift revenues.

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Navigation Offshore Oil Pod Propulsion Salvage Ship Electronics Ship Simulators Sonar Winch
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1713 sec (6 req/sec)