Page 13: of Offshore Engineer Magazine (Nov/Dec 2013)

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Global Briefs

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Polarcus starts

Gabon seismic

Polarcus commenced a 3D seismic acquisition program for Panoro Energy ASA in the

Dussafu block off Gabon. The work is planned to cover an area of approximately 1260sq km in the outboard part of the

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Dussafu license. The primary objective is to upgrade leads

OP that have previously been

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R identifed on 2D seismic data

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J to be drillable prospects.

These leads are expected to contain pre-salt Gamba and

Dentale sandstones. The

Q new 3D seismic acquisition

M program is expected to be

K completed by mid-November, with the frst high quality seis-

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L mic products available during

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Q2 2014. The fully processed seismic data is expected to be available for interpretation and mapping by the second half of 2014.

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Tullow joins

Namibia license

Tullow Kudu Ltd entered

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Exploration each have 15% production of 28,000 boe. a farm-in agreement

Parque das Conchas in production working interest. Shell’s partner ONGC Videsh with Australian explorer

Production has begun at Ltd increased its stake from Pancontinental Oil and Gas

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BPZ spuds Peru well

Shell’s second develop- 15% to 27%. Shell remains as NL for 65% of the company’s

Drilling has begun on ment phase of the Parque operator in BC-10 with 73% EL 0037 license offshore

Houston-based BPZ Energy’s das Conchas (BC-10) project, interest. Namibia. Pancontinental

A-18D development well at located off Brazil’s southeast will retain 30% with partner

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BP joins the Albacora feld platform, coast. The BC-10 project is Paragon Oil and Gas holding

Moroccan blocks located off Peru in Block comprised of several subsea the remaining 5%. Terms of

Z-1. Drilling and completion felds which are tied back Kosmos Energy has entered the agreement includes Tullow is expected to take up to 12 to the Espírito Santo FPSO into three farm-out agree- funding extensive 3D and 2D weeks. In February, the com- vessel. ments with BP plc covering seismic campaign and drilling pany conducted 3D seismic Shell and its partners three blocks in the Agadir an exploration well. The 3D data acquisition of Block announced in July a plan Basin, offshore Morocco. seismic survey is expected to

Z-1 to defne its exploration to move forward with the Under the agreement, BP will begin next year.

program. Targeted depth of project’s third development pick up 30% non-operating

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New MOU the well will be approxi- phase, which will include interest in Essaouira, 26.325% for Ivory Coast mately 12,000ft subsea. BPZ the installation of subsea in Foum Assaka, and 45% in

Energy holds 51% interest in infrastructure at the Massa Tarhazoute. Rialto Energy Ltd’s Ivory Coast

Argonauta O-South offshore Block Z-1, which it and The three contiguous blocks subsidiary signed a new mem- reservoirs. is developing in partnership cover approximately 25,000sq orandum of understanding with Pacifc Rubiales Energy Once online, phase three km and water depths range up (MOU) with the Cote d’Ivoire

Corp. expected to reach a peak to 3,000m. Ministry of Oil & Energy, oedigital.com November 2013 | OE 15 014_1113OE_GlobalBriefs.indd 15 10/27/13 4:00 PM

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