TGS: Crean 3D survey critical for unlocking oil potential


Norwegian seismic acquisition company TGS has kicked off the Crean 3D multi-client project on the Irish Atlantic Margin, using the Shearwater GeoServices 3D vessel Polar Marquis.

The multi-client survey of more than 5,400 square kilometers over several blocks in Ireland’s Porcupine Basin is expected to take 140 days with the expected completion in late October.

Europa Oil and Gas, an oil and gas company focused on Ireland, on Monday said that 3D seismic would be acquired over Europa’s 30% owned Licensing Option 16/19 during summer 2017.

Europa has previously said it identified the potential for several Cretaceous submarine fans with gross mean un-risked prospective resources in the range of 300 million to 1 billion boe.

In March 2017, Europa farmed out a 70% interest in and operatorship of LO 16/19 to a wholly owned subsidiary of Cairn Energy PLC. Under the terms of the farm out, Europa will be carried for a US$6 million work programme which will include participation in the Crean 3D over LO 16/19.

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