You are here

Harvest obtains complete seismic data for Dussafu Permit offshore Gabon

09th December 2014

Harvest Natural Resources has now received the fully processed seismic data from the 2013 Outboard 3D seismic survey on the Dussafu Permit offshore Gabon, according to joint-venture partner Panoro Energy

Harvest obtains complete seismic data for Dussafu Permit offshore Gabon
This seismic data, which is based on state-of-the art depth migration techniques, will now allow Harvest to finalise its geological interpretation in order to provide a definitive sizing and risking analysis of the pre-salt Gamba and Dentale leads and prospects. Source: Harvest Natural Resources

The seismic data was acquired on the Dussafu Permit in Gabon in Q4 2013 and covers an area of 1,260 square kilometres.

“I am pleased to report that we have now received the new 3D seismic,” said Nishant Dighe, Panoro’s COO.

“This is a major step forward towards unlocking the large exploration upside in the outboard part of the Dussafu Permit.”

This seismic data, which is based on state-of-the art depth migration techniques, will now allow Harvest to finalise its geological interpretation in order to provide a definitive sizing and risking analysis of the pre-salt Gamba and Dentale leads and prospects, many of which have already been identified on the existing 2D data and on the interim 3D seismic products received to date.

A number of these prospects lie within the 850.5 square kilometre Exclusive Exploitation Area (EEA) which was awarded to the Dussafu JV partners in July 2014 and lie in relatively shallow water depths of around 120 metres (very similar to the existing Ruche Discoveries) and to which the Dussafu Joint Venture have exploitation rights for a period of up to 20 years.

Other prospects lie outside the EEA area but within the Dussafu 3D Production Sharing Contract area which extends to a water depth of around 500 metres at the Dussafu Permit boundary.

“We already have a good understanding that the geological model moving outboard of our Ruche discoveries favours larger prospect sizes, and we also believe there are a number prospects within short tie-back range of our Ruche cluster development,” Dighe added.

“We are very enthusiastic about what we have seen to date and look forward to finalizing our interpretation of the data. More information will become available as our plans mature and we look forward to updating the markets in due course. The next months will be an exciting time for shareholders”.

Panoro Energy holds a 33.33 per cent stake in the Dussafu Marin permit, offshore Gabon. The permit is operated by Harvest Dussafu, B.V. an affiliate of Harvest Natural Resources, Inc.

Related topics: 

Got a news tip? Email news@oilandgastechnology.net