PGS has begun the first phase of the Cyprus Vision data rejuvenation project in partnership with the Cypriot Ministry for Energy, Commerce and Industry.
PGS has begun the first phase of the Cyprus Vision data rejuvenation project in partnership with the Cypriot Ministry for Energy, Commerce and Industry.
The 14,750 km2 PSDM reprocessing project will deliver a single data volume over several highly prospective blocks in the Cypriot EEZ. Four surveys acquired between 2013 and 2017, the majority of them as multi-client projects, will be reprocessed and delivered on a common grid.
‘Cyprus has attracted strong industry interest. Multiple commercial gas discoveries have been made in recent years, most notably Zohr, Calypso, and Glaucus, and there is also the possibility of presalt Miocene sand-hosted reservoirs,’ said Joshua May, PGS business development manager Africa, Mediterranean and Middle East.
Final PSDM reprocessed data from Cyprus Vision Phase One will be ready in Q2 2022, and this will be immediately followed by the commencement of the Cyprus Vision Phase Two.
Meanwhile, PGS is offering multi-client seismic data covering all blocks on offer in the Egypt Offshore Licensing Round.
The Ministry of Petroleum recently announced the round in a highly prospective area of the eastern Mediterranean. Offshore Egypt is bounded to the south by the mature onshore Western Desert basins and includes the prolific Nile Delta cone.
PGS’ broadband data library coverage reveals multiple opportunities, including potential presalt carbonate build-ups, Shelfal plays that have direct analogs to the onshore Western Desert and additional clastic plays that are comparable to the Nile Delta pre- and postsalt clastic plays.
‘Blocks in this round are particularly well covered by our 37,500 km of 2D data with well and field ties, said PGS.
PGS has a 22,000 km regional long-offset GeoStreamer 2D dataset and an additional 6000 km2 of 3D coverage offshore Egypt, offering an important link between mature eastern acreage and the western frontier. A PGS interpretation based on a basin modelling study that links the Nile Delta to the western frontier area has also been performed.
