Philippines: Nido Petroleum completes SC 54A and SC 54B 2D seismic surveys, offshore Philippines.


Philippines: Nido Petroleum completes SC 54A and SC 54B 2D seismic surveys, offshore Philippines


Nido Petroleum, as Operator of Service Contract 54A (SC 54A) andService Contract 54B (SC 54B), has announced the successful completion of the combined SC 54A Lawaan/Libas and SC 54B Pawikan 2D seismic surveys on 10 December 2011. Nido’s partners in SC 54A are Yilgarn Petroleum Philippines(a wholly owned subsidiary ofKairiki Energy),Trafigura Ventures III and TG World (BVI) Corp, and inSC 54B,Yilgarn Petroleum Philippinesand Shell Philippines Exploration.

The two surveys were acquired over the period 29 November to 10 December 2011 using the MV 'Nordic Energy' operated by seismic contractor Nordic Maritime.

Key highlights:
  • SC 54A: 73 full-fold line kilometres of new 2D seismic was acquired over the greater Lawaan and Libas Prospects. The objective of the survey was to determine if the two prospects are connected structurally which would further upgrade the potential of the larger Lawaan Prospect, which is currently the leading drilling candidate in SC 54A. Prospective resource oil-in-place estimates for Lawaan and Libas are currently 34.7 million barrels and 12.0 million barrels respectively (gross, unrisked, mean volume).
  • SC 54B: 430 full-fold line kilometres of new 2D seismic data was acquired over the Pawikan Lead. The objective of the new seismic is to mature the Pawikan Lead to Prospect status by addressing remaining risks relating to reservoir and charge into the structure. The Pawikan Lead lies 30 km to the south of the non-commercial Gindara-1 gas and oil discovery well which was drilled by the SC 54B Joint Venture earlier this year and 10 kms south-west of the Service Contract 14 Nido A/B oilfields. Prospective Resource oil-in-place estimate for Pawikan is approx. 2 billion barrels (gross, unrisked mean volume).
Processing of the 2D seismic data will be undertaken in Perth by DownUnder GeoSolutions. Interpretation of the fully processed 2D seismic data sets is expected to be completed during the second quarter of 2012.
Source: Nido Petroleum

Comments

Post a Comment

Popular posts from this blog

Keysi Fighting Method.

Image
Keysi Fighting Method Keysi Fighting Method Also known as KFM Focus Hybrid Country of origin Spain , Creator Justo Dieguez Serreano, Andy Norman Parenthood Jeet Kune Do   Concepts & Spanish   Street fighting Official website http://www.keysikfm.com/ Keysi Fighting Method   (KFM) is a method of   self defense   that is based on natural fighting instincts and several   street fighting   techniques, developed by Justo Diéguez Serrano from his fighting experiences in the streets of   Spain . The system was founded with the help of Andy Norman. Both founders, Justo Diéguez and Andy Norman, are certified   Jeet Kune Do instructors under   Dan Inosanto .   The Keysi Fighting Method became famous after it was used in the fighting choreography of the movies   Batman Begins   and its sequel,   The Dark Knight . De...
Read more

Smart Gilas Team Pilipinas escapes with 85-80 victory against Al Jala'a of Syria. Advances to semifinals.

Image
Faced with daunting task to overcome their opponents, Smart Gilas Team Pilipinas has once again proved their worth against their nemesis Al Jala'a of Syria, 85-80 and advances to the semifinals of 2011 FIBA-Asia Champions Cup Quarterfinals match. Here's the complete report of the match courtesy of FIBA-Asia website. It was more than what the capacity crowd at the PhilSports Arena could have asked for. For, not only did their favorite team – Smart Gilas – win, but showed tremendous resilience to recover from a disappointing first quarter of an hour to beat Syrian League champions Al Jala’a 85-80 in the quarterfinals on Friday. Smart Gilas, who thus became the first team from outside the Gulf-WABA subzones to enter the semifinals in four years , will now match wits with twice defending champions of Mahram in the semifinals. Incidentally the last team non-Gulf-WABA team too was a team from Philippines – San Miguel – at the Tehran edition of the Champions Cup in 2007...
Read more

Eminem - Rap God

                                                                [Intro:] Look, I was gonna go easy on you not to hurt your feelings But I'm only going to get this one chance (Six minutes, six minutes) Something's wrong, I can feel it (Six minutes, six minutes, Slim Shady, you're on) Just a feeling I've got Like something's about to happen But I don't know what If that means, what I think it means, we're in trouble Big trouble. And if he is as bananas as you say I'm not taking any chances You were just what the doctor ordered [Chorus:] I'm beginning to feel like a Rap God, Rap God All my people from the front to the back nod, back nod Now who thinks their arms are long enough to slap box, slap box? They said I rap like a robot, so call me rap-bot [Verse 1:] But for me to rap like a computer must be in my genes I got a laptop in...
Read more