SW Vespucci - Credit. Shearwater Geoservices
Pharos Energy said Thursday it had completed its 3D seismic program on the western part of Block 125 in the Phu Khanh Basin, the last unexplored frontier offshore Vietnam. The company hopes the data will help it attract a drilling partner.
The 909 km
2 3D seismic program was acquired on behalf of Pharos by Shearwater GeoServices using the SW Vespucci seismic vessel. The total survey sail line of 2,273 km was shot across water depths between 100m to 2,300m. The capital spend for the acquisition of the 3D survey is circa US$7.5m net to Pharos. Seismic processing tenders have been issued and, following review, a contract will be awarded shortly. The final seismic processed results are expected in H1 2022, Pharos said .