Polarcus in seismic survey off Equatorial Guinea for Trident
Oil and gas company Trident Energy has begun a 4D seismic acquisition operations on its Block G assets, which contain the Ceiba and Okume fields, offshore Equatorial Guinea.
Trident said on Wednesday that the survey began on January 22, 15 kilometers offshore in water depths ranging from 100 to 1,200 meters.
The acquisition is being carried out by Polarcus Naila vessel and the survey is expected to last 45 days in total, covering an area of 340 square kilometers.
According to the company, this will be the third 4D seismic monitor survey over the fields and the first by Trident Energy who has been operating the assets in partnership with Kosmos Energy since acquiring them in 2017.
Since the last monitor survey in 2014, there has been continued production, the addition of new producer wells and improvements to the water injection pattern, all of which have altered the fluid flow patterns within the reservoir.
The results of the new 4D seismic survey, available in the fourth quarter of 2020 following processing, will be used to quantify these changes in the reservoir to create new development opportunities in 2021 and beyond that will build on the production optimization already achieved by Trident Energy.
It is worth noting that Equatorial Guinea’s Ministry of Mines and Hydrocarbons signed several memoranda of understanding (MoUs) with successful bidders of the country’s 2019 Licensing Round, on the sidelines of the Atlantic Council’s Global Energy Forum in Abu Dhabi last month.
In December 2019, Equatorial Guinea’s Minister of Mines and Hydrocarbons (MMH) Gabriel Mbaga Obiang Lima stated that around $1.2 billion would be invested into the country’s hydrocarbon sector in 2020 and that it would be the biggest year of investment in oil and gas in years.
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