Serica completes seismic survey offshore Namibia

Offshore staff

LONDON – Serica Energy plc (TSX & AIM: SQZ) has completed the acquisition of 4,180 sq km (1,614 sq mi) of 3D seismic data in its Luderitz basin blocks offshore Namibia.

The survey was done by the Polarcus Nadia using 10-streamers.

“The completion of this extensive survey, only nine months after the award of the license, is an important step in the exploration of this largely unexplored basin,” said Tony Craven Walker, Serica’s chairman and interim CEO. “The data is of exceptional quality and has been acquired in the south east of the license area over a clearly defined prospect which is located in a good setting for potential reservoir development. It is now being processed fully to delineate the prospect and to identify additional prospects associated with locally present channel sands. Initial results are expected to be available around the end of the year and will be amalgamated with regional geological information prior to determining a forward drilling program.”

Serica Energy Namibia B.V. is the operator with 55%. Other participants include Exploration (Luderitz Basin) Ltd., 30%; National Petroleum Corp. of Namibia (Pty) Ltd., 10%, and Indigenous Energy (Pty) Ltd 5%.


Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now


Logistics Risk Management in the Transformer Industry

Transformers often are shipped thousands of miles, involving multiple handoffs,and more than a do...

Secrets of Barco UniSee Mount Revealed

Last year Barco introduced UniSee, a revolutionary large-scale visualization platform designed to...

The Time is Right for Optimum Reliability: Capital-Intensive Industries and Asset Performance Management

Imagine a plant that is no longer at risk of a random shutdown. Imagine not worrying about losing...

Going Digital: The New Normal in Oil & Gas

In this whitepaper you will learn how Keystone Engineering, ONGC, and Saipem are using software t...