Polarcus Kicks Off Capreolus Shoot

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Polarcus has started seismic acquisition on the major new Capreolus 3D multi-client project over the Phoenix area that contains the recent Phoenix South-1 oil discovery within the Roebuck Basin, offshore Western Australia.

The survey is utilizing two 12-streamer Polarcus vessels, Polarcus Amani and Polarcus Asima, operating in tandem in order to maximize production.

The Capreolus 3D multi-client project comprises a substantial 15,000 sq. km and has been designed by Polarcus’ in-house experts in collaboration with the project underwriters to provide a basin-wide high quality broadband 3D seismic dataset over and adjacent to the Phoenix South-1 oil discovery announced in 2014. The basin is one of the few remaining underexplored parts of Australia’s North West Shelf and considered to have the potential to become a major new oil province.

The data acquisition phase is estimated at approximately eight vessel months (four calendar months), with the resultant data being processed through a pre-stack depth migration routine by DownUnder GeoSolutions in Perth.

Final data products are expected to be available within Q2 2016.

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