Companies jointly acquire seismic in Barents Sea

Statoil ASA said it will operate a collaboration consisting of 17 oil and gas companies for joint seismic acquisition in the southeastern Barents Sea.

The blocks for which seismic 3D data will be gathered will be announced in the 23rd licensing round for the Norwegian continental shelf (NCS) in 2014 (OGJ Online, Sept. 3, 2013). The plan was formed at the request of the Norwegian Ministry of Petroleum and Energy (MPE).

New blocks on the NCS have not been made available since 1994. Surveys are slated to begin in April 2014 and finish the following fall.

“Coordinated seismic acquisition has several advantages,” said Gro G. Haatvedt, Statoil’s senior vice-president for exploration on the NCS. “It will ensure very good data quality, since the industry to a much greater extent will be able to utilize the companies’ collective professional expertise within geological understanding and seismic acquisition and processing.

“The initiative lays the foundation for fewer, well-planned operations, thus reducing acquisition costs and potential disadvantages for the fishing industry,” she added.

Haatvedt also commented that interest in the Barents Sea has seen a recent jump facilitated by discoveries in the Johan Castberg area. Statoil this week reported it found oil in the third of four wells planned this year in Johan Castberg (OGJ Online, Dec. 9, 2013).

Thirty companies expressed interest in the initial collaboration.

Companies that will initially participate are BP PLC, Chevron Corp., ConocoPhillips, DNO ASA, Eni SPA, GDF Suez, Idemitsu, OAO Lukoil, Lundin Petroleum, Norske Shell, PGNiG SA, Repsol SA, Spike Exploration, Statoil, Suncor Inc., VNG, and Wintershall AG.

Additional companies will be able to participate when authorities circulate the 23rd round nominated blocks for public consultation. A tender process for seismic acquisition will be initiated immediately.

Related Articles

INTERNATIONAL BRIEFS

01/01/1990 WESTCOAST ENERGY INC., Vancouver, B.C., agreed to buy the utilities and propane business of Inter-City Gas Corp. (ICG), Winnipeg, Man., for $720 mi...

OWNERSHIP QUESTIONS CAN STYMIE DEVELOPMENT OF COALBED METHANE

01/01/1990 Although the technology exists for commercial recovery of coalbed methane, production has been hindered because of the legal quandary as to ownersh...

OIL FLOW RISING IN E. CHINA REGION

01/01/1990 Production is building from an oil producing area in the lower reaches of the Yangtze River in eastern China's Jiangsu Province. The northern J...

GAS EXPLORATION FANS OUT MIN ARKOMA BASIN

01/01/1990 Gas exploration is heating up in the South Central Arkoma basin's pre-Pennsylvanian formations. Several operators are targeting Siluro-Devonian...

Careers at TOTAL

Careers at TOTAL - Videos

More than 600 job openings are now online, watch videos and learn more!

 

Click Here to Watch

Other Oil & Gas Industry Jobs

Search More Job Listings >>
Stay Connected