Seismic survey photo illustration (source: KrisEnergy)
JAKARTA (rambuenergy.com) – KrisEnergy Ltd, an oil and gas company based in Singapore, said that the company has begun a 300 km 2D seismic acquisition program in the Udan Emas production sharing contract (PSC) onshore West Papua.
The acquisition program, which was awarded to PT Quest Geophysical Asia, forms part of the work obligations under the PSC. The program is expected to last four months.
The company also plans to undertake aerogravity and magnetic surveys in the block, which covers 5,400 sq. km over the Bintuni Basin, a proven prolific gas province containing several multiple-trillion-cubic-feet gas discoveries.
“We have been working with the local communities in the area to explain our activities and respond to any concerns for more than 18 months before seismic recording began and we will continue to do so as the survey progresses,” Chris Gibson-Robinson, Director Exploration & Production said.
He added the seismic acquisition program is a complex transition zone program in an extremely remote location encompassing rugged jungle-covered terrain and shallow waters in prime fishing territory. Once processed and interpreted, this data will allow the company to further evaluate the potential of previously identified leads.
KrisEnergy holds a 100 percent working interest and operatorship of the Udan Emas PSC. (*)