CGG, SNH promote Cameroon's 2018 Licensing Round
PARIS -- CGG has announced that it has an agreement with Société Nationale des Hydrocarbures (SNH), the National Oil and Gas Company of Cameroon, to promote enhanced multi-client E&P data packages and interpretative products, in support of Cameroon’s 2018 Onshore & Offshore Licensing Round opened and conducted by SNH for eight free blocks on offer, located in sedimentary basins offshore and onshore Cameroon.
The Licensing Round opened on Jan. 15, 2018, and will close on June 29, 2018. Roadshows will be held in London on Feb. 28 to March 2, 2018, and in Houston on March 7-9, 2018, with the participation of specialists from both SNH and CGG.
Cameroon is a proven hydrocarbon province with oil and gas production from both the Rio Del Rey (RDR) and Douala/Kribi-Campo (DKC) basins. Significant further opportunities exist for commercial hydrocarbon accumulations in both basins with large tracts of open acreage available, particularly in the DKC basin. Recent new petrophysical and geophysical analyses have identified potential missed opportunities from previous exploration, and there is even more potential for large volumes of hydrocarbons to be present across these increasingly prospective basins.
The TerraCube suite of integrated data packages of the onshore/offshore DKC and RDR sedimentary basins will offer oil and gas explorers access to workstation-ready 2D and 3D seismic, well data and interpretative products, with unrivalled coverage, enabling them to make a rapid technical evaluation of the hydrocarbon potential of the blocks on offer.
