Norwest Energy has received the State Government regulatory approvals to proceed with its planned Xanadu 3D seismic survey, offshore Western Australia.
Now that the approvals have been granted it is anticipated that mobilization to site will begin in mid-April, with the survey acquisition starting in the first week of May.
The results of the processing and interpretation of the data should become available during Q4 2019.
Norwest managing director and CEO, Shelley Robertson , said: “We are very pleased to finally be granted approval to proceed with the survey. It has been a long process, however now it is time to begin with project implementation, to get the acquisition program underway as soon as possible.
“Notwithstanding the delays, the timing of this approval has worked in our favour, as the mid-year period usually provides optimal weather conditions relating to wave height and wind strength, which should improve the quality of our data and minimize the acquisition timeframe. The results of the survey will make a significant contribution toward defining the commercial potential of the Xanadu project. ”
The Xanadu Prospect is located in state waters in exploration permit TP/15, approximately 300km north of Perth, Western Australia.
Once the survey data has been processed, interpreted and integrated with Norwest’s existing dataset, the TP/15 Joint Venture will consider an appraisal well on the Xanadu structure.
The seismic data will enable the well surface location and trajectory to be optimally designed to provide the best chance for a significant commercial appraisal.