BG Completes Seismic Shooting Offshore Kenya

Business & Finance

BG Completes Seismic Shooting Offshore Kenya

Pancontinental Oil & Gas NL said on its website that the 3D and 2D seismic survey acquisition has been completed in offshore Kenya licence areas L10A and L10B.

The 3D seismic survey was carried out in the eastern portion of the areas commencing mid-November 2011 and this was followed by a 2D survey in the western portion of the areas.  The surveys cover ten strong “leads” identified under a “fast track” exploration programme by project operator BG Group. The leads are in diverse geological “play” types and some of the leads are on-trend and similar to the giant Mbawa Prospect to the north in licence area L8 (Pancontinental 15%).

The L10A and L10B licences were awarded to Pancontinental and other joint venture members on 17 May 2011, with an effective date of 15 August 2011.

It is anticipated that the seismic data will be fully processed by mid 2012 and interpretation and mapping will be completed later in the year. The aim of the survey is to fully map a number of prospects prior to drilling.

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Offshore Energy Today Staff, January 19, 2012; Image: Pancontinental