Bahamas Petroleum Corp. (BPC) has completed initial processing of the Pearl 3D seismic survey offshore the Bahamas.
Data quality is very good, the company says, with data volumes received in both time and depth. Detailed interpretation is under way and will form the basis for well location selection, well design and planning.
At this early stage processing has been completed with 4-ms sampling and three tomographic velocity iterations.
BPC expects to conduct further processing over the next few months, and more detailed analysis and interpretation that will be refined for specific targets, as well as mapping of seismic facies and attributes analysis.
Interpretation of the new data better defines the prospective structures imaged on previous 2D data. And BPC sees good signs in terms of source maturity and fetch area.
The 3D data indicates the basement to be deeper than interpreted previously, implying a thicker, deeper Jurassic (source rock) section.
Also, there appears to be a uniform southwest dip under the Cretaceous platform, suggesting access to a large fetch area toward the Cuban mainland under the North Cuban basin.
BPC is due to start drilling by March 2013 under its license commitment.