Polarcus starts survey offshore Western Australia

Polarcus starts survey offshore Western Australia

DUBAI -- Seismic acquisition has now commenced on the major new Polarcus Capreolus 3D multi-client project over the Phoenix area that contains the recent Phoenix South-1 oil discovery within the Roebuck basin, offshore Western Australia. The survey is utilizing two high performance 12-streamer Polarcus vessels, Polarcus Amani and Polarcus Asima, operating in tandem in order to maximize production.
 
The Capreolus 3D multi-client project comprises a substantial 15,000 sq km and has been designed by Polarcus' in-house experts in collaboration with the project underwriters to provide a basin-wide high quality broadband 3D seismic dataset over and adjacent to the Phoenix South-1 oil discovery announced in 2014. The basin is one of the few remaining underexplored parts of Australia's North West Shelf and considered to have the potential to become a major new oil province.
 
The data acquisition phase is estimated at approximately eight vessel months (four calendar months), with the resultant data being processed through a pre-stack depth migration routine by DownUnder GeoSolutions in Perth.
 
Final data products are expected to be available within second-quarter 2016.