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Issue 2, Volume 9, 2012
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Author Jane Whaley
Offshore Indonesia, TGS has recently come up with innovative ways of combining data from a number of sources to examine the prospectivity of underexplored deepwater frontier basins in a cost-effective manner.
When a company is considering a new frontier area for exploration, a number of crucial questions require a rapid answer. The most foremost of these is whether or not there is an active petroleum system. TGS-NOPEC Geophysical Company (TGS) believes that the answer lies in integrating a number of investigative methods at an early stage in exploration. Paul Tredgett, Geophysicist with TGS in Perth, Australia, summarisied the results of a major project at a recent TGS forum in London. Speaking on behalf of the large number of people who had contributed to the project, he explained how, for some areas, offering seismic alone was not enough. "Indonesia, although a well established producer of hydrocarbons, has seen reserves decline in recent years, so much so that it has recently become a net importer of oil. The country, however, has at least 30 prospective basins, with significant reserves in 18 of them. Eight of these basins are thought to contain over 1 Bboe, but many are seriously underexplored. In fact, with the exception of the deepwater Mahakam Delta, all deepwater portions of Indonesian offshore basins are either underexplored or completely unknown."