PGS has released final imaging products on all parts of the giant Sabah multi-client project, enabling AVO analysis of prospects and leads within the entire offshore Sabah Basin.
PGS has released final imaging products on all parts of the giant Sabah multi-client project, enabling AVO analysis of prospects and leads within the entire offshore Sabah Basin.
Phase 5 covers the inboard trend of the Sabah basin, providing imaging of Miocene-Pliocene turbidite complexes where reservoirs are trapped in the complex fold and thrust structures, as well as stratigraphic settings. This structural trend has produced many discoveries.
Tad Choi, PGS sales and new ventures manager for Asia said of the survey covering several of the blocks on offer in the recently announced 2021 Malaysian Bidding Round (MBR): ‘The new, fully AVO-compliant dataset for Phase 5 will improve understanding of the complex geology across the Sabah Trough and the Fold and Thrust Belt terranes, enabling advanced QI workflows to derisk reservoir presence and variability.’
Phase 5 was acquired by PGS in 2020 and brings the total coverage to 47,000 km2. PGS said the Sabah project would continue to expand on the expectation of new licensing opportunities offshore Malaysia. The consortium partners are planning further shallow-water acquisition inboard in 2021.
Meanwhile, PGS said that it is experiencing an increase of seismic acquisition project activity. Based on project awards so far, PGS has started preparations to reactivate Ramform Vanguard for the summer season, with acquisition expected to commence in April. In addition, PGS will activate Sanco Swift to be used as a source vessel for at least three months on awarded projects.
