Searcher Seismic in new multi-client campaign offshore Peru

Searcher Seismic has reached an agreement with state-owned Perupetro to produce four new multi-client projects as part of its Offshore Peru Multi-client Campaign.

According to Searcher’s statement on Wednesday, the interpretation, regional reconstruction, and play level evaluation will be delivered to participants through the delivery of four new projects; Huayno 2D Pre-Stack Reprocessing, Peru Offshore Rectified Seismic Data on Saismic, Peru Offshore Well Atlas, and an interpretative report titled Offshore Prospectivity: A Review of Peru’s Offshore Basins.

Searcher has begun reprocessing 25,700 km of vintage 2D field data for the Huayno 2D Pre-Stack Reprocessing project. The regional 2D reprocessing project aims to provide a much-improved, consistent, regional grid covering the offshore basins of Peru, with multiple vintages tying as many wells, leads and prospects as possible.

The Peru Offshore Rectified Seismic Data is all existing offshore seismic data for Peru, both 2D and 3D, rectified and loaded into Searcher’s new Saismic platform for a simple access for explorers.

The Peru Offshore Well Atlas is comprised of a selection of 63 offshore wells, whose well reports are to be enhanced and organised prior to interpretation including evaluation, risk segmentation and failure/success analysis.

The report Offshore Prospectivity: A Review of Peru’s Offshore Basins will provide a comprehensive regional play-based evaluation of the offshore basins of Peru based on the interpretation of available public domain data.  The study utilizes a multidisciplinary approach with emphasis on geology, geophysics (seismic, magnetics, and gravity) and geochemistry for managing ongoing evaluation of the area.

Rachel Masters, VP of Project Development for Searcher, said Searcher’s entry into Peru will upgrade the existing offshore Peruvian database with the recent experience gained through similar projects in Argentina.

“Offshore Peru offers high impact, moderate risk exploration in shallow water, with high prospectivity in multiple, relatively unexplored basins, together with Perupetro welcoming foreign investment.”

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