French integrated geoscience company CGG has completed its 9,800km seismic survey in the highly prospective Gabon South Basin.
Fast-track data sets from the 2D multi-client survey will be delivered from the end of April. This will give oil companies time to understand the offshore petroleum systems and appraise blocks to be offered in September 2019 as part of Gabon’s 12th offshore licensing round.
CGG CEO Sophie Zurquiyah said: “The vast offshore acreage of Gabon includes unexplored areas with good potential for a hydrocarbon system. However, there is often not enough high-quality geological and geophysical data to effectively reduce the exploration risks.
“This new 2D survey, which received significant industry pre-funding, puts the right data in the hands of our clients at the right time, enabling them to de-risk opportunities and select the appropriate blocks during the current licensing round.
“It also extends CGG’s data coverage from our recent 3D survey further inshore, which led to two successful discovery wells.”
According to the company, the new dataset will define the extent of existing and new plays as well as help to determine the thickness variations in the sediment overburden to carry out source rock and maturity analysis. It will also enhance the resolution of the turbidite systems, which are potential exploration targets.