MCG/WesternGeco MC2D reprocessing in the Philippines for the upcoming PECR4 Round
MCG and WesternGeco have reprocessed 5,740 line kilometers of 2D seismic that covers underexplored 4th Philippine Energy Contracting Round (PECR4) Areas 10, 11, 13 and 14, which are located adjacent to the basin where recent discoveries have been made.
The data coverage and quality are appropriate for regional evaluation and prospectivity screening of the offered blocks, thereby enabling interested bidders to formulate a competitive bidding strategy and optimize exploration work programs. The reprocessed datasets are now available giving companies sufficient time to carry out proper evaluation prior to bid submission on 12th March 2012 for PECR4 Areas 10, 11 and 13. The deadline has yet to be formally announced for Area 14.
Angle stacks and gathers, combined with the full stack dataset, will enable high-grading of potential targets as preliminary analysis of the data indicates anomalies that could be related to the presence of hydrocarbons.
WG and MCG EP and SS MC 2D Reprocessing (pdf)
WG and MCG EP and SS MC 2D Reprocessing (pdf)
Last updated: 27.10.2011 11:44