Searcher Seismic starts processing Olympus 3D (Australia)

Searcher Seismic has informed that the Olympus 3D reprocessing project in the Carnarvon Basin, Western Australia, has started processing at DownUnder GeoSolutions’ Perth facility.

The project, in cooperation with Spectrum, comprises the reprocessing of 20 existing 3D datasets through a broadband pre-stack time and depth migration (PSTM and PSDM) workflow.

The project extends northward from the Rankin Platform and covers Jurassic reservoirs in the Angel, Calypso and Legendre Formations, with multiple potential sources including the Dingo Claystone and the Muderong Shale, Searcher said on Tuesday.

The processing effort will specifically focus on resolving fault seals and imaging complex migration pathways which may prove the key to unlocking further discoveries in the area.

Rachel Masters, Global Sales Manager for Searcher, said: “Given the low oil price environment and constrained budgets, our supporting clients have recognized the benefits of such a project and we are looking forward to seeing both the results of the processing and future drilling campaigns.”

The Olympus 3D project is an addition to Searcher’s 3D coverage in Australia which now totals over 70,000 sqkm.

According to the company, full final PSTM products are expected to be available in 2Q 2017 and PSDM in 3Q 2017.