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    Fastnet Moves to Seismic Survey

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Summary

Fastnet Oil & Gas, the listed E&P company focused on the Celtic Sea and Morocco, has announced a seismic contract with CGG to acquire, using the SR/V Vantage, 1,710 sq km of 3D seismic in the Celtic Sea.

by: AL

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Natural Gas & LNG News, News By Country, Ireland

Fastnet Moves to Seismic Survey

Fastnet Oil & Gas, the listed E&P company focused on the Celtic Sea and Morocco, has announced a seismic contract with CGG to acquire, using the SR/V Vantage, 1,710 sq km of 3D seismic in the Celtic Sea.

The programme is valued at up to €14 million, and will last around 50 days, depending on weather. It will start in the middle of next month.

In a statement on its website, the company described the details of the contract, with 510 sq km of 3D seismic to first be acquired over the 'Deep Kinsale Prospect' beneath the producing Kinsale Head gas field. Overall the project will be the largest ever 3D seismic programme in the Celtic Sea.

Seismic operations will include an undershoot of the Kinsale Alpha and Bravo platforms, which are protected by a 500 meter safety exclusion zone. This will require, under the existing seismic contract, mobilising a second 3D seismic vessel for a short period of time during the acquisition of the data by the SR/V Vantage. The geological target will be the same reservoir section that has been successfully tested at Barryroe by the 48/24-10z appraisal well.

See also: Fastnet Executes Agreement With Kinsale Energy