PGS MultiClient seismic reveals multiple opportunities offshore Egypt in 2021 licensing round
PGS announced it has 3 400 km of modern MultiClient seismic data covering all the blocks on offer in the Egypt Offshore Licensing Round. This much-anticipated round extends exploration opportunities in one of Africa’s most prolific petroleum provinces.
The Ministry of Petroleum recently announced an Egypt Offshore Licensing Round in a highly prospective area of the eastern Mediterranean. Offshore Egypt is bounded to the south by the mature onshore Western Desert basins and includes the prolific Nile Delta cone. PGS’ modern broadband data library coverage reveals multiple opportunities.
- Potential presalt carbonate build-ups
- Shelfal plays that have direct analogs to the onshore Western Desert
- Additional clastic plays that are comparable to the Nile Delta pre- and postsalt clastic plays
The blocks in this round are particularly well covered by our 37 500 km of 2D data with well and field ties. This comprehensive coverage includes all the blocks on offer.
PGS has a 22 000 km regional long-offset GeoStreamer 2D dataset and an additional 6 000 sq. km of 3D coverage offshore Egypt, offering an important link between mature eastern acreage and the western frontier. A PGS interpretation based on a basin modeling study that links the Nile Delta to the western frontier area is also available to fast-forward evaluations of exploration opportunities offshore Egypt.