Canada - 2015
Highly prospective underexplored area with exciting new discoveries and world-class oil production
Flemish Pass Basin is one of the most promising deepwater exploration arenas in the world, frontier acreage adjacent to recent discoveries as Bay du Nord, Mizzen, Harpoon, and oil-gas fields as Hibernia, White Rose, Terra Nova and Hebron. Transparent fiscal terms and a predictable land-sale policy.
Main exploration targets are Late Jurassic to Early Cretaceous fluvial to shallow marine sandstones reservoirs sourced by prolific oil-prone Late Jurassic marine shales. A mainly extensional margin provides large structural traps and thick regional seals.
Long offset (8100m) multi-sensor technology delivering receiver deghosted 3D seismic data.