Seismic survey confirms large Gemsbok structure offshore Namibia

July 24, 2017
SeaBird Exploration has completed a 2D seismic survey over block PEL 0029 offshore Namibia.

Offshore staff

LONDONSeaBird Exploration has completed a 2D seismic survey over block PEL 0029 offshore Namibia.

According to the block’s operator Global Petroleum, the 834-km (518-mi), full fold 2D acquisition took only 10 days to complete, at a cost of around $740,000, excluding processing.

Processing will start soon and should finish by end-September.

Initial analysis of the data has confirmed the large extent of the Gemsbok prospect in 1,400 m (4,593 ft) water depth in the southeast area of the block.

Following processing and interpretation, Global will determine its plans for the next phase of exploration.

PEL 0029 covers offshore blocks 1910B and 2010A.

07/24/2017