Photo: Photo: Statoil

PGS to Shoot Seismic Over UKCS Licence P2170

Statoil and its partners in UKCS licence P2170 have committed to pre-fund a 3D seismic survey over the licence area and certain offset acreage, to be conducted by Petroleum Geo-Services ASA (PGS).

The survey over the licence P2170, which contains the Verbier oil discovery and the Cortina prospect, will be undertaken during Q2 2018 in the Moray Firth area, Jersey Oil and Gas, who holds 18% in the license, informed.

Delivery of the final imaged data by PGS is currently expected in late Q1 2019.

This pre-funding commitment has enabled Statoil , as operator of P2170, to have input into PGS’ survey design and the acquisition and processing parameters in order to ensure the delivery of a high quality dataset, specifically optimized to advance the interpretation of the Verbier discovery and assessment of other exploration opportunities within the P2170 licence area.

The anticipated timing for delivery of the final imaged data from PGS will facilitate integration with the results from the Verbier appraisal well, scheduled for drilling this summer.

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