Seismic to start in New Zealand’s Great South basin

12/17/2007
Consortia led by ExxonMobil Corp. and OMV AG are starting a new wave of exploration in New Zealand’s Great South basin off the southern South Island. Water in the storm-tossed Great South basin is more than 900 m deep.ExxonMobil and its partner Todd Energy were to take delivery of WesternGeco’s Western Trident seismic vessel in late November to begin shooting 960 km of 2D and 1,340 sq km of 3D surveys on PEP 50117. This initial phase of a 27-month exploration campaign on the permit should be completed by February 2008.ExxonMobil also will reprocess some 1,200 km of existing seismic and complete a range of geological and geophysical studies to determine the oil and gas potentia...
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