Bahamas Petroleum has completed the acquisition phase of its 3D seismic programme, calling it a major milestone in the continuing risk reduction at its licences in the Bahamas.
Processing of the seismic data has already started and the company said initial indications are that the data sets are of a very high quality.
Preliminary results are expected to be available early in 2012, providing BPC with potential drilling locations down to below 20,000 feet, “refining and reinforcing” conclusions of the initial 2D survey over the four most southern blocks of the company’s portfolio in the Bahamas.
“Completion of this 3D survey…is a major milestone in the continuing risk reduction work programme undertaken by the company,” said chief executive of Bahamas Petroleum Simon Potter.
