el jadida
el jadida/mazagan beach
Longreach Oil & Gas - Completion of the Zag Basin 2D Seismic Programme
The programme covered a total of 1,674km of 2D seismic, which is considerably greater than the 500km required under the terms of the license. The programme covered a regional grid of around 10 km spacing over the eastern half of the licence and is the first of its kind in what the Company believes is a highly prospective basin.
The key highlights of the programme were:
-- The seismic crew commenced recording data on 6 October 2011 and
completed the survey on 23 January 2012
-- State-of-the-art cableless recording system, a Vibroseis source array
and in-field processing to monitor data quality were used, that will
allow further assessment of the petroleum potential of the basin
-- The programme followed a high-resolution aeromagnetic survey that was
completed by licence partners in 2009
-- Polish contractor, NovaSeis Sp. was used for the programme
The initial field processing of the seismic data has shown the configuration and fault trends of the basin. When the processing is completed, a comprehensive review of the Paleozoic basin will be undertaken to assess the potential of a variety of plays, such as reefs in the Devonian, conventional reservoirs throughout the section and an unconventional gas play in the Silurian shale section.
The Zag License is located in the Zag-Tindouf Basin Complex within the prolific hydrocarbon producing Palaeozoic basins that stretch across North Africa. Zag is directly west of the Algerian Reggane basin, where during 2009 Repsol announced an 800 BCF discovery. The licence covers an area of approximately 21,807 Km^2. Longreach Oil and Gas Ltd. holds a 22.5% net interest in the licence which is operated by San Leon Energy plc.
http://www.marketwatch.com/story/operations-update-zag-licence-morocco-2012-01-24
The programme covered a total of 1,674km of 2D seismic, which is considerably greater than the 500km required under the terms of the license. The programme covered a regional grid of around 10 km spacing over the eastern half of the licence and is the first of its kind in what the Company believes is a highly prospective basin.
The key highlights of the programme were:
-- The seismic crew commenced recording data on 6 October 2011 and
completed the survey on 23 January 2012
-- State-of-the-art cableless recording system, a Vibroseis source array
and in-field processing to monitor data quality were used, that will
allow further assessment of the petroleum potential of the basin
-- The programme followed a high-resolution aeromagnetic survey that was
completed by licence partners in 2009
-- Polish contractor, NovaSeis Sp. was used for the programme
The initial field processing of the seismic data has shown the configuration and fault trends of the basin. When the processing is completed, a comprehensive review of the Paleozoic basin will be undertaken to assess the potential of a variety of plays, such as reefs in the Devonian, conventional reservoirs throughout the section and an unconventional gas play in the Silurian shale section.
The Zag License is located in the Zag-Tindouf Basin Complex within the prolific hydrocarbon producing Palaeozoic basins that stretch across North Africa. Zag is directly west of the Algerian Reggane basin, where during 2009 Repsol announced an 800 BCF discovery. The licence covers an area of approximately 21,807 Km^2. Longreach Oil and Gas Ltd. holds a 22.5% net interest in the licence which is operated by San Leon Energy plc.
http://www.marketwatch.com/story/operations-update-zag-licence-morocco-2012-01-24