BG lets contract for seismic survey offshore Honduras

BG International Ltd. Sucursal Honduras has let a contract to Fugro for an integrated multibeam echosounder survey and seabed coring project offshore Honduras.

The MV Fugro Brasilis is conducting the 2-month survey. The campaign will map the seafloor to interpret, identify, sample, and analyze potential hydrocarbon seeps.

The BG Group subsidiary is sole license-holder of the 35,000-sq-km frontier exploration block, which covers the Patuca and Mosquitia sedimentary basins.

It conducted a gravity gradiometry survey last year and plans targeted seismic surveys. Seabed coring began in July 2014.

BG will relinquish 50% of the acreage in 2017. If it proceeds with the next 2-year exploration phase it will be required to drill at least one exploration well.

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