Around 63 per cent of the planned Archer 3D seismic survey in Australia has been acquired and everything is progressing as planned, Carnarvon Petroleum reported.
The Archer 3D is being acquired over the Dorado field and surrounding near-field prospectivity, in conjunction with the contiguous WA-541-P joint venture.
The collected data is expected to provide important information over the production phase of the asset, such as building 4D models to monitor fluid movements throughout the field life.
Following the completion of the work, the survey vessel will be used for the Keraudren Extension 3D survey.
“The Archer 3D survey has been designed to enhance our understanding of the exploration potential to the southeast of the Roc and Dorado fields,” said Carnarvon’s managing director and CEO Adrian Cook .
“Even modest discoveries in this area have the potential to generate tremendous value by tying them into the nearby Dorado field facilities for minimal additional capital expenditure.”
The 3D dataset will complement the two already existing datasets with support for Dorado development planning to ensure optimum well placement for maximum productivity.
A fast-track processed volume of the Archer 3D will be available for interpretation later this year.