Polarcus Asima Wraps Up Flanagan 3D Survey

3D Oil Limited informed that the 3D Flanagan seismic survey, in the T/49P permit in the offshore Otway Basin, is now complete, within budget and without safety incident.

The 974 sq km Flanagan survey was completed by the vessel Polarcus Asima in just over one month of operations west of King Island.

TDO Managing Director Noel Newell commented: “We are very pleased with the conduct of the Flanagan survey which, despite some periods of challenging weather conditions, has been completed on schedule and within budget. TDO would like to thank the personnel on the Asima and all the dedicated and professional contractors and staff involved in making this a safe and successful operation. We now look forward to the next step in our quest to discover new gas resources from T/49P to supply the markets in eastern Australia.

The seismic data recorded by the Asima will be processed by DownUnder GeoSolutions in Perth. Data processing will require several months to produce a data volume for interpretation by 3D Oil’s geoscientists.

Interpretation and assessment of the geology and prospectivity of the area will also likely require several months. As a result, TDO anticipates that results of the Flanagan survey will be available in mid-2015.

Pursuant to the Farm-in Agreement announced on 24 November 2014, the T/49P joint venture is now comprised of TDO at 70% and operator, and Beach Energy Limited at 30%.

Press Release

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6th Offshore Well Intervention Conference Gulf of Mexico

The Offshore Well Intervention Gulf of Mexico conference (OWI GOM) is returning to Houston, Texas for its sixth year on Wednesday 20 – Thursday 21 November.

Featuring Anadarko, BP, Shell, Chevron, BHGE and Oceaneering, the conference aims to help operators transition to the latest compliance updates, WI systems and business models that enhance safety, quicken well access and improve commerciality.

Across two days, more than 200 delegates, 15 exhibitors and 30 speakers will network together and create solutions to some of the most pertinent industry challenges right now, through a conference programme focused on:

  1. Clarifying compliance updates
  2. Quicker well access and safer well control
  3. ​Understanding HPHT well intervention (systems)
  4. Forecasting well intervention activity, discussing new commercial models and comparing platform options
  5. Best practice riserless well intervention
  6. ​The latest well intervention equipment

For registration, speaking or sponsorship enquiries contact Abigail Clifton on aclifton@offsnet.com; +44 (0) 203 793 8800.

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