CGX Energy

Canada-based CGX Resources, a unit of oil and gas explorer CGX Energy, has awarded a 1,160km2 3D marine seismic contract to a subsidiary of Petroleum Geo-Services (PGS).

The five-week contract will be undertaken by PGS’s Ramform Challenger vessel this month.

CGX Energy president and CEO Stephen Hermeston said that the 3D seismic programme was designed to better image the up-dip limits of the Eagle Deep stratigraphic play at the Turonian and Campanian intervals, and to cover the two early Cretaceous Albian prospects (Crabwood and Kabukalli).

"We are enthused about these prospects, which CGX plans on pursuing subsequent to the drilling of the company’s Eagle-1 well that will test the Eocene and Maastrichtian trend," said Hermeston.

CGX Energy recently awarded a drilling contract to a unit of Diamond Offshore Drilling for the Ocean Saratoga semi-submersible rig to drill a well offshore Guyana.

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By GlobalData

The Eagle-1 well is located on the company’s 100% owned and operated Corentyne petroleum prospecting licence.

CGX Energy focuses on the exploration of oil in the Guyana-Suriname Basin, an area that is ranked second in the world for oil and gas prospectivity by the US Geological Survey.

PGS is a leading geophysical services company founded in 1991 in Norway, with offices in 25 countries and regional centres in London, Houston and Singapore.

Caption: PGS’s Ramform Challenger vessel will carry out the CGX seismic contract.