Polarcus expands Capreolus 3D Project offshore Australia
DUBAI -- Polarcus has secured further industry prefunding, enabling the expansion of its Capreolus 3D project northward, the Dubai-based company announced last week.
The expanded Capreolus 3D project will now comprise approximately 22,130 km2, providing exploration companies with an extensive, basin-wide, broadband 3D seismic dataset across the Roebuck basin, offshore Australia’s North West Shelf.
Seismic acquisition within the original program began in early January, with two Polarcus A-Class 3D seismic vessels utilizing the company's RightBAND technique for broadband data acquisition.
The expanded survey—which will incorporate an additional 7,130 km2—is now estimated at approximately twelve vessel months duration overall, and will utilize an additional Polarcus 3D seismic vessel for part of the program. At present, seismic acquisition—of the expanded program—is approximately 40% complete.
Data from the Capreolus 3D project will be processed through a pre-stack depth migration routine by DownUnder GeoSolutions in Perth, Australia, with final data products expected to be delivered within the first quarter of 2016.
