A CONSORITUM comprising PGS, TGS and Schlumberger WesternGeco have won the tender for the rights to undertake a multi-client seismic program offshore Sabah, Malaysia.
TGS explained the seismic contract is a result of a Petronas initiative to stimulate offshore exploration and production investment.
Petronas, through Malaysia Petroleum Management (MPM), made the decision to open an area of Malaysian offshore waters to the multi-client model for the first time, TGS said in an April announcement.
Offshore Sabah sits in an active fold-and-thrust province that hosts a number of proven hydrocarbon accumulations, according to the company.
An extension of the Brunei Baram Delta play, the primary exploration target has been Miocene deltaics with some younger Pliocene.
With exploration and drilling progressing into deeper frontier waters, there is potential for new plays in the carbonate and syn-rift section.
TGS said this large basin will benefit from modern, high resolution broadband 3D seismic necessary to understand both the existing play concepts and new potential plays.
The consortium is planning to apply a combination of the industry’s most advanced technology solutions including multi-sensor acquisition using PGS’ GeoStreamer and WesternGeco IsoMetrix marine isometric seismic technology, PGS’ Towed Streamer ElectroMagnetic technology and advanced broadband 2D acquisition and processing techniques.
TGS provides multi-client geoscience data to oil and gas exploration and production companies worldwide.