Baron updates on Chuditch seismic work
London-listed Baron Oil has received interim products from the seismic reprocessing of 1,270 km2 of 3D seismic data along the trend of the Chuditch-1 gas discovery off Timor-Leste, it said on December 8.
Baron’s Timor-Leste subsidiary SundaGas Banda Unipessoal holds a 75% operating interest in the Chuditch production sharing contract. The reprocessing work is being conducted by TGS-NOPEC Geophysical Company at their UK processing centre.
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“The final processed version will be critical in the re-evaluation of the Chuditch discovery and surrounding prospectivity, in particular the evaluation of in-place volumes and the location of potential future wells,” Baron said.
The Chuditch PSC is located approximately 185 km south of Timor-Leste, 100 km east of the producing Bayu-Undan field, and 50 km south of the planned Greater Sunrise development. It covers an area of approximately 3,571 km2, in water depths of 50-100 m, and contains the Chuditch-1 gas discovery drilled by Shell in 1998.