PGS has said would be supporting the recently announced Nigeria 2022 Mini Bid Round with an excellent range of 3D coverage over the seven blocks on offer.
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) have scheduled a pre-bid conference on January 16, 2023, after which interested companies will be invited to submit their pre-qualification applications by Jan 31, 2023.
Seven offshore oil blocks are on offer, focused in the north-western Nigerian Offshore. Blocks PPL-300-DO, PPL-301-DO and PPL-302-DO are located in the Nigerian Transform Margin area. Blocks PPL-303-DO, PPL-304-DO, PPL-305-DO and PPL-306-DO are within the deepwater Niger Delta Basin.
PGS said it has assembled a data package to license over the blocks, comprised of ~10 000 sq. km of merged 3D seismic data.
This is composed of various input surveys which have been matched, merged and re-binned onto a common grid resulting in a single, continuous volume of full-stack seismic data in the time domain.
This extensive seismic coverage allows for regional scale understanding of prospectivity in and around the license round acreage. Enhanced datasets are also available to license as GeoStreamer PSTM and MegaSurveyPlus PSTM which have additional products such as angle stacks and gathers.
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The Niger Delta Basin is dominated by up to 12 km of Late Cretaceous to Quaternary aged clastics deposited in an upward coarsening regressive deltaic sequence. The main source rocks are Akata Formation marine shales and Lower Agbada Formation paralic shales. Proven reservoirs in the basin are dominated by unconsolidated sandstones of the Agbada Formation deposited as stacked turbidite channel and fan complexes.