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                  Searcher reveals details of major multi-client campaign in the Offshore Canning Basin

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                  Press releases

                  Searcher reveals details of major multi-client campaign in the Offshore Canning Basin

                  28 Nov 2012

                  Searcher Seismic in cooperation with BGP, is pleased to announce a major multi-client seismic campaign in the Offshore Canning Basin, consisting of ~16,000 km of newly acquired 2D data and ~10,000 km of reprocessing.

                  The Bilby Non-Exclusive 2D seismic survey comprises of approximately 16,000 km of 2D long-offset, high resolution DUG Broad seismic in the Bedout Sub-basin and Broome Platform, Western Australia, over a 4 x 8 km grid.

                  The survey is designed to provide a grid of modern, high quality data to help identify prospective structural and stratigraphic trends that can be used for regional evaluations and future detailed seismic survey design.

                  Mark Ballesteros, Chief Geoscientist for Searcher, said he was looking forward to seeing the results of the new seismic campaign.

                  “The discovery of oil in the Lower Triassic at Phoenix South-1 has given explorers cause to question a lot of fundamental assumptions that have coloured the perceptions of the prospectivity of this area for decades and resulted in very limited exploration.

                  “We are very excited about the myriad of new plays that are now demanding re-evaluation and look forward to working with explorers to ensure they have the data they need to achieve the task,” Mr Ballesteros said.

                  Acquisition of the Bilby 2D survey will be acquired by the BGP Explorer utilising high-end Sercel Sentinel Solid Streamer technology, Bolt Source equipment and continuous recording.

                  The vessel is committed and scheduled to arrive in Australia in January 2015.

                  The seismic data processing will be conducted by DownUnder GeoSolutions, Perth, and deliverables will initially be provided through a comprehensive DUG Broad PSTM flow to produce a high quality, yet timely delivery of final data which is expected from Q2 2015.

                  In addition to the Bilby 2D survey, Searcher is also undertaking the Roebuck Super-TieTM, a regional grid comprising over 10,000 km of reprocessed PSTM data and a Prospectivity Study to provide a new look at the big picture of the offshore Canning area.

                  The Prospectivity Study will be available in January 2015 and is being prepared by Paul Harrison from Insight Petroleum Pty Ltd.

                  This will provide timely and strategic information to assist companies to understand the implications of the recent Phoenix South-1 discovery and the prospectivity of the Bedout, Rowley and Oobagooma Sub-basins and adjacent platform areas.

                  For further information, please contact us directly.

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                  Searcher announces new multi-client 2D seismic survey over the Gulf of Papua, PNG

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                  Western Australia 6151, Australia

                  Phone:  (08) 9327 0300
                  Email:  sales@searcherseismic.com
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