Seismic players Petroleum Geo-Services (PGS) and ION Geophysical have integrated their seismic datasets in the Trinidad Deepwater Open Bid Round launched by the country’s Ministry of Energy and Energy Industries.
The companies said that the integration of six datasets, covering the areas and evolving plays, in Trinidad and Tobago permits regional correlation of key data points across the area.
The complex geology of the region is becoming increasingly important to understand as petroleum play types evolve with continued exploration successes, PGS noted.
Six individual MC2D data packages targeting areas relevant for the ongoing Trinidad and Tobago round include:
The Deep Water Competitive Bid Round 2021 was launched on 3 December 2021 and contains 17 offshore deepwater blocks located off the northern and eastern coasts of Trinidad and Tobago.
As disclosed, these deepwater blocks will be governed by Production Sharing Contracts (PSC).
The round will run for six months until 2 June 2022 with successful bids to be announced three months following the close of bidding.
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