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Home›Business Developments & Projects›PGS wraps up GeoStreamer X survey in UK North Sea
Business Developments & Projects

August 23, 2021 · about 5 years ago

PGS wraps up GeoStreamer X survey in UK North Sea

PGS has completed the acquisition of a GeoSteamer X survey over the Kraken field in the UK sector of the North Sea.

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PGS wraps up GeoStreamer X survey in UK North Sea

PGS has completed the acquisition of a GeoSteamer X survey over the Kraken field in the UK sector of the North Sea.

In July, PGS’ seismic vessel Ramform Vanguard acquired the multiclient survey, covering two new azimuths of 200 square kilometres.

First data from the GeoStreamer X survey are expected in the second quarter of 2022, the company said.

The Kraken field, located in the East Shetland basin, lies in blocks 9/2b and 9/2c within the P1575 license. The first oil from the field was produced on June 23, 2017.

The operator of the field is EnQuest with 70.5% interest in the asset, while Cairn Energy co-owns the remaining stake.

The survey was prefunded by the P1575 group, with an aim of gaining a new understanding of the block and evaluating the development potential of a new western area and nearfield opportunities (ILX).

Seismic acquisition around the Kraken FPSO was planned and executed in close cooperation between PGS and the operator, the company stated.

“With GeoStreamer X data, both exploration and production teams achieve better illumination in their targeted areas, which enables much-improved fault definition and saves drill time with accurate targeted positioning”, said Sónia Pereira , PGS vice president data sales Europe.

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