Geosciences

Polarcus starts Petrel broadband survey offshore Australia

Dec. 5, 2019

Neptune Energy will receive new 3D seismic over the Petrel field in the Bonaparte basin offshore northwest Australia, under a non-exclusive data licensing agreement with Polarcus Asia Pacific.

The Polarcus Asima vessel began acquiring the Petrelex 3D seismic survey last weekend and the 2,900-sq km (1,119-sq mi) program should continue through late January.

Offshore staff

LONDON – Neptune Energy will receive new 3D seismic over the Petrel field in the Bonaparte basin offshore northwest Australia, under a non-exclusive data licensing agreement with Polarcus Asia Pacific.

The Polarcus Asima vessel began acquiring the Petrelex 3D seismic survey last weekend and the 2,900-sq km (1,119-sq mi) program should continue through late January.

Neptune has a 54% in the Petrel project in partnership with Santos (40.25%) and Beach Energy (5.75%). The survey will apply new broadband technology over an expanded area to improve the understanding of the potential resource.

Processed data is expected to be available in 4Q 2020.

12/05/2019