An Exxon Corp. affiliate began acquiring state-of-the-art 3D seismic data in the Sea of Okhotsk off northern Sakhalin Island in far eastern Russia.
Exxon Neftegas Ltd., operator for the Sakhalin I Consortium, said the multimillion dollar seismic work is the first part of a $200-300 million resource appraisal program that is required to better define estimates of reserves. The acquisition, covering nearly 350 sq miles, is to run into October.
The Sakhalin I area is comprised of three offshore fields, Chayvo, Odoptu, and Arkutun-Dagi. The seismic acquisition this year is for Arkutun-Dagi field. Similar surveys will be run over Chayvo and Odoptu fields in later years.
Acquisition began less than 45 days after the Sakhalin I production sharing agreement took effect on June 10, said Exxon Neftegas Pres. Robert Olsen (OGJ, July 29, 1996, p. 58).
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