American Oil and Gas Reporter - February 2015 - 101
SpecialReport: Gulf of Mexico Update
Advances In Seismic Rejuvenate Shelf
By Brad Torry
HOUSTON-As 2015 begins amid uncertainty about commodity prices, one
region in the Gulf of Mexico bears an interesting revival that should survive these
prices swings: the "Shelf region."
For all intents and purposes, we will
classify the Shelf region as the area
covered by Outer Continental Shelf blocks
in the five-year-term window (see Figure
1), which encompasses the historical postsalt and flex trends. With significant advancements in drilling technology, activity
in the Gulf of Mexico over the past 10
years has seen an increased focus on the
deepwater exploration prize.
From 2005 to the present, many major
exploration and production companies have
divested assets on the Shelf to a new breed
of independents, many of which have technical teams that departed the majors. In
the traditional cause and effect relationship,
this has re-established a round of activity
in this highly prospective region.
We believe a number of factors are
driving this revival: new geologic targets,
infrastructure capacity, and new technology
(seismic and drilling). Combine this with
a willingness to push the envelope to
identify and pursue new play concepts
and previously inaccessible pay that was
not recognizable with available data, and
a revival is occurring.
Although the GOM Shelf region has
had extensive seismic coverage (Figure
1), the majority of these data are limited
to narrow-azimuth ocean bottom cable
or streamer data, which means they were
gathered with limited offsets and azimuths.
With historical production occurring at
depths ranging from 5,000 to 15,000 feet
(fewer than 5 percent of wells exceed
15,000 feet) in this complex depositional
and structural (salt) environment, increased
spatial (lateral) and temporal (vertical)
resolution from seismic is required to resolve smaller/thinner geologic targets.
Early revival was made possible by
advances in data processing algorithms
and computational power that led to enhanced subsurface images. However, challenges remain, based on input data.
Where accessible (with accessibility
being the key), the acquisition of wideazimuth (WAZ), multiwide-azimuth
(MWAZ) and full-azimuth (FAZ, although
gaps remain with streamer acquisition)
data acquired with a variety of streamer/vessel configurations has made a material
impact, particularly in the deep water.
Each of these configurations fundamentally
offers long-offset, broad (not full) azimuth
data to image prospective zones and unlock
subsalt potential.
However, if current Shelf coverage
(Figure 1) is limited to only what would
be considered modern wide-azimuth seismic (long offsets that have a minimum
of 30 percent azimuthal coverage), a significant void in new data coverage becomes
evident (yellow and blue areas).
This challenge creates opportunity. Independents have identified the considerable
untapped potential. Given the advancement
in ocean bottom node (OBN) technology,
a step change or new paradigm for new
full-azimuthal nodal data (FAN) will support
the resurgence of activity in this region.
Why Now?
After the last round of major Shelf
activity in the early part of the new millennium, most discoveries now are on
decline. The new breed of independent
operator has recognized the significant
amount of bypassed pay, pool extensions,
deeper reservoirs, and enhanced recovery
opportunities. Add to this an increased
understanding of depositional environments (through extending onshore interpretations to the Shelf) and the expanded
understanding of salt tectonics, and the
region has experienced numerous new
ideas and learnings.
Add new technology (WAZ, FAN, and
short-leg horizontal drilling) with proper
application, and these opportunities have
led to strong return on investment for
operators and the identification of new
potential geologic fairways.
Examples of this can be found in the
success of companies such as Energy XXI,
which has increased reserves and production
from existing fields, and Freeport McMoRan with its deep exploration drilling
program (Davy Jones, Blackbeard and
Lafitte prospects). Although the final verdict
on these deeper wells remains outstanding,
I believe they have and will provide significant geotechnical information that will
lead to ongoing exploration and development on the Shelf.
Figure 2 provides an excellent visual
summary of the concepts that are returning
people to the Shelf. The final piece of information that needs to be added to this
equation is modern geoscience data. The
industry's ability to integrate and model
these data from source to sink, and to understand their complexities from local
stratigraphy to basin-scale, thermal maturation models, has reopened the door to
prospectivity.
What exactly do I mean by this? I
have mentioned the application of WAZ
FIGURE 1
Map of GOM Shelf Region With Seismic Coverage
Plans Filed in Past Six Months
Shelf Trend
Submitted Application for Permit to Drill
TGS 3-D Projects (in Progress)
2014 Data
TGS 3-D Surveys
New Data
Early Vintage
Year Established Unknown
FEBRUARY 2015 101
American Oil and Gas Reporter - February 2015
Table of Contents for the Digital Edition of American Oil and Gas Reporter - February 2015
Contents
American Oil and Gas Reporter - February 2015 - Cover1
American Oil and Gas Reporter - February 2015 - Cover2
American Oil and Gas Reporter - February 2015 - Contents
American Oil and Gas Reporter - February 2015 - 4
American Oil and Gas Reporter - February 2015 - 5
American Oil and Gas Reporter - February 2015 - 6
American Oil and Gas Reporter - February 2015 - 7
American Oil and Gas Reporter - February 2015 - 8
American Oil and Gas Reporter - February 2015 - 9
American Oil and Gas Reporter - February 2015 - 10
American Oil and Gas Reporter - February 2015 - 11
American Oil and Gas Reporter - February 2015 - 12
American Oil and Gas Reporter - February 2015 - 13
American Oil and Gas Reporter - February 2015 - 14
American Oil and Gas Reporter - February 2015 - 15
American Oil and Gas Reporter - February 2015 - 16
American Oil and Gas Reporter - February 2015 - 17
American Oil and Gas Reporter - February 2015 - 18
American Oil and Gas Reporter - February 2015 - 19
American Oil and Gas Reporter - February 2015 - 20
American Oil and Gas Reporter - February 2015 - 21
American Oil and Gas Reporter - February 2015 - 22
American Oil and Gas Reporter - February 2015 - 23
American Oil and Gas Reporter - February 2015 - 24
American Oil and Gas Reporter - February 2015 - 25
American Oil and Gas Reporter - February 2015 - 26
American Oil and Gas Reporter - February 2015 - 27
American Oil and Gas Reporter - February 2015 - 28
American Oil and Gas Reporter - February 2015 - 29
American Oil and Gas Reporter - February 2015 - 30
American Oil and Gas Reporter - February 2015 - 31
American Oil and Gas Reporter - February 2015 - 32
American Oil and Gas Reporter - February 2015 - 33
American Oil and Gas Reporter - February 2015 - 34
American Oil and Gas Reporter - February 2015 - 35
American Oil and Gas Reporter - February 2015 - 36
American Oil and Gas Reporter - February 2015 - 37
American Oil and Gas Reporter - February 2015 - 38
American Oil and Gas Reporter - February 2015 - 39
American Oil and Gas Reporter - February 2015 - 40
American Oil and Gas Reporter - February 2015 - 41
American Oil and Gas Reporter - February 2015 - 42
American Oil and Gas Reporter - February 2015 - 43
American Oil and Gas Reporter - February 2015 - 44
American Oil and Gas Reporter - February 2015 - 45
American Oil and Gas Reporter - February 2015 - 46
American Oil and Gas Reporter - February 2015 - 47
American Oil and Gas Reporter - February 2015 - 48
American Oil and Gas Reporter - February 2015 - 49
American Oil and Gas Reporter - February 2015 - 50
American Oil and Gas Reporter - February 2015 - 51
American Oil and Gas Reporter - February 2015 - 52
American Oil and Gas Reporter - February 2015 - 53
American Oil and Gas Reporter - February 2015 - 54
American Oil and Gas Reporter - February 2015 - 55
American Oil and Gas Reporter - February 2015 - 56
American Oil and Gas Reporter - February 2015 - 57
American Oil and Gas Reporter - February 2015 - 58
American Oil and Gas Reporter - February 2015 - 59
American Oil and Gas Reporter - February 2015 - 60
American Oil and Gas Reporter - February 2015 - 61
American Oil and Gas Reporter - February 2015 - 62
American Oil and Gas Reporter - February 2015 - 63
American Oil and Gas Reporter - February 2015 - 64
American Oil and Gas Reporter - February 2015 - 65
American Oil and Gas Reporter - February 2015 - 66
American Oil and Gas Reporter - February 2015 - 67
American Oil and Gas Reporter - February 2015 - 68
American Oil and Gas Reporter - February 2015 - 69
American Oil and Gas Reporter - February 2015 - 70
American Oil and Gas Reporter - February 2015 - 71
American Oil and Gas Reporter - February 2015 - 72
American Oil and Gas Reporter - February 2015 - 73
American Oil and Gas Reporter - February 2015 - 74
American Oil and Gas Reporter - February 2015 - 75
American Oil and Gas Reporter - February 2015 - 76
American Oil and Gas Reporter - February 2015 - 77
American Oil and Gas Reporter - February 2015 - 78
American Oil and Gas Reporter - February 2015 - 79
American Oil and Gas Reporter - February 2015 - 80
American Oil and Gas Reporter - February 2015 - 81
American Oil and Gas Reporter - February 2015 - 82
American Oil and Gas Reporter - February 2015 - 83
American Oil and Gas Reporter - February 2015 - 84
American Oil and Gas Reporter - February 2015 - 85
American Oil and Gas Reporter - February 2015 - 86
American Oil and Gas Reporter - February 2015 - 87
American Oil and Gas Reporter - February 2015 - 88
American Oil and Gas Reporter - February 2015 - 89
American Oil and Gas Reporter - February 2015 - 90
American Oil and Gas Reporter - February 2015 - 91
American Oil and Gas Reporter - February 2015 - 92
American Oil and Gas Reporter - February 2015 - 93
American Oil and Gas Reporter - February 2015 - 94
American Oil and Gas Reporter - February 2015 - 95
American Oil and Gas Reporter - February 2015 - 96
American Oil and Gas Reporter - February 2015 - 97
American Oil and Gas Reporter - February 2015 - 98
American Oil and Gas Reporter - February 2015 - 99
American Oil and Gas Reporter - February 2015 - 100
American Oil and Gas Reporter - February 2015 - 101
American Oil and Gas Reporter - February 2015 - 102
American Oil and Gas Reporter - February 2015 - 103
American Oil and Gas Reporter - February 2015 - 104
American Oil and Gas Reporter - February 2015 - 105
American Oil and Gas Reporter - February 2015 - 106
American Oil and Gas Reporter - February 2015 - 107
American Oil and Gas Reporter - February 2015 - 108
American Oil and Gas Reporter - February 2015 - 109
American Oil and Gas Reporter - February 2015 - 110
American Oil and Gas Reporter - February 2015 - 111
American Oil and Gas Reporter - February 2015 - 112
American Oil and Gas Reporter - February 2015 - 113
American Oil and Gas Reporter - February 2015 - 114
American Oil and Gas Reporter - February 2015 - 115
American Oil and Gas Reporter - February 2015 - 116
American Oil and Gas Reporter - February 2015 - 117
American Oil and Gas Reporter - February 2015 - 118
American Oil and Gas Reporter - February 2015 - 119
American Oil and Gas Reporter - February 2015 - 120
American Oil and Gas Reporter - February 2015 - 121
American Oil and Gas Reporter - February 2015 - 122
American Oil and Gas Reporter - February 2015 - 123
American Oil and Gas Reporter - February 2015 - 124
American Oil and Gas Reporter - February 2015 - 125
American Oil and Gas Reporter - February 2015 - 126
American Oil and Gas Reporter - February 2015 - 127
American Oil and Gas Reporter - February 2015 - 128
American Oil and Gas Reporter - February 2015 - 129
American Oil and Gas Reporter - February 2015 - 130
American Oil and Gas Reporter - February 2015 - 131
American Oil and Gas Reporter - February 2015 - 132
American Oil and Gas Reporter - February 2015 - 133
American Oil and Gas Reporter - February 2015 - 134
American Oil and Gas Reporter - February 2015 - 135
American Oil and Gas Reporter - February 2015 - 136
American Oil and Gas Reporter - February 2015 - 137
American Oil and Gas Reporter - February 2015 - 138
American Oil and Gas Reporter - February 2015 - 139
American Oil and Gas Reporter - February 2015 - 140
American Oil and Gas Reporter - February 2015 - 141
American Oil and Gas Reporter - February 2015 - 142
American Oil and Gas Reporter - February 2015 - 143
American Oil and Gas Reporter - February 2015 - 144
American Oil and Gas Reporter - February 2015 - 145
American Oil and Gas Reporter - February 2015 - 146
American Oil and Gas Reporter - February 2015 - 147
American Oil and Gas Reporter - February 2015 - 148
American Oil and Gas Reporter - February 2015 - 149
American Oil and Gas Reporter - February 2015 - 150
American Oil and Gas Reporter - February 2015 - 151
American Oil and Gas Reporter - February 2015 - 152
American Oil and Gas Reporter - February 2015 - 153
American Oil and Gas Reporter - February 2015 - 154
American Oil and Gas Reporter - February 2015 - 155
American Oil and Gas Reporter - February 2015 - 156
American Oil and Gas Reporter - February 2015 - 157
American Oil and Gas Reporter - February 2015 - 158
American Oil and Gas Reporter - February 2015 - 159
American Oil and Gas Reporter - February 2015 - 160
American Oil and Gas Reporter - February 2015 - 161
American Oil and Gas Reporter - February 2015 - 162
American Oil and Gas Reporter - February 2015 - Cover3
American Oil and Gas Reporter - February 2015 - Cover4
http://staging.nxtbook.com/nxtbooks/aogr/201702/stage.php
http://staging.nxtbook.com/nxtbooks/aogr/201701/stage.php
http://staging.nxtbook.com/nxtbooks/aogr/201612/stage.php
http://staging.nxtbook.com/nxtbooks/aogr/201611/stage.php
http://staging.nxtbook.com/nxtbooks/aogr/201610/stage.php
http://staging.nxtbook.com/nxtbooks/aogr/pbios2016_programguide/stage.php
http://staging.nxtbook.com/nxtbooks/aogr/201609/stage.php
http://staging.nxtbook.com/nxtbooks/aogr/201608/stage.php
http://staging.nxtbook.com/nxtbooks/aogr/201607/stage.php
http://staging.nxtbook.com/nxtbooks/aogr/201606/stage.php
http://staging.nxtbook.com/nxtbooks/aogr/201605/stage.php
http://staging.nxtbook.com/nxtbooks/aogr/201604/stage.php
http://staging.nxtbook.com/nxtbooks/aogr/201603/stage.php
http://staging.nxtbook.com/nxtbooks/aogr/201602/stage.php
http://staging.nxtbook.com/nxtbooks/aogr/201601/stage.php
http://staging.nxtbook.com/nxtbooks/aogr/201512/stage.php
http://staging.nxtbook.com/nxtbooks/aogr/201511/stage.php
http://staging.nxtbook.com/nxtbooks/aogr/201510/stage.php
http://staging.nxtbook.com/nxtbooks/aogr/201509/stage.php
http://staging.nxtbook.com/nxtbooks/aogr/201508/stage.php
http://staging.nxtbook.com/nxtbooks/aogr/201507/stage.php
http://staging.nxtbook.com/nxtbooks/aogr/201506/stage.php
http://staging.nxtbook.com/nxtbooks/aogr/201505/stage.php
http://staging.nxtbook.com/nxtbooks/aogr/201504/stage.php
http://staging.nxtbook.com/nxtbooks/aogr/201503/stage.php
http://staging.nxtbook.com/nxtbooks/aogr/201502/stage.php
http://staging.nxtbook.com/nxtbooks/aogr/201501/stage.php
http://staging.nxtbook.com/nxtbooks/aogr/201412/stage.php
http://staging.nxtbook.com/nxtbooks/aogr/201411/stage.php
http://staging.nxtbook.com/nxtbooks/aogr/201410/stage.php
http://staging.nxtbook.com/nxtbooks/aogr/201409/stage.php
http://staging.nxtbook.com/nxtbooks/aogr/pbios2014_programguide/stage.php
http://staging.nxtbook.com/nxtbooks/aogr/201408/stage.php
http://staging.nxtbook.com/nxtbooks/aogr/201407/stage.php
http://staging.nxtbook.com/nxtbooks/aogr/201406/stage.php
http://staging.nxtbook.com/nxtbooks/aogr/201405/stage.php
http://staging.nxtbook.com/nxtbooks/aogr/201404/stage.php
http://staging.nxtbook.com/nxtbooks/aogr/201403/stage.php
http://staging.nxtbook.com/nxtbooks/aogr/201402/stage.php
http://staging.nxtbook.com/nxtbooks/aogr/201401/stage.php
http://staging.nxtbook.com/nxtbooks/aogr/201312/stage.php
http://staging.nxtbook.com/nxtbooks/aogr/201311/stage.php
http://staging.nxtbook.com/nxtbooks/aogr/201310/stage.php
http://staging.nxtbook.com/nxtbooks/aogr/201309/stage.php
http://staging.nxtbook.com/nxtbooks/aogr/201308/stage.php
http://staging.nxtbook.com/nxtbooks/aogr/201307/stage.php
http://staging.nxtbook.com/nxtbooks/aogr/201306/stage.php
http://staging.nxtbook.com/nxtbooks/aogr/201305/stage.php
http://staging.nxtbook.com/nxtbooks/aogr/201304/stage.php
http://staging.nxtbook.com/nxtbooks/aogr/201303/stage.php
http://staging.nxtbook.com/nxtbooks/aogr/201302/stage.php
http://staging.nxtbook.com/nxtbooks/aogr/201301/stage.php
http://staging.nxtbook.com/nxtbooks/aogr/201212/stage.php
http://staging.nxtbook.com/nxtbooks/aogr/201211/stage.php
http://staging.nxtbook.com/nxtbooks/aogr/201210/stage.php
http://staging.nxtbook.com/nxtbooks/aogr/201209/stage.php
http://staging.nxtbook.com/nxtbooks/aogr/2012_pbios/stage.php
http://staging.nxtbook.com/nxtbooks/aogr/201208/stage.php
http://staging.nxtbook.com/nxtbooks/aogr/201207/stage.php
http://staging.nxtbook.com/nxtbooks/aogr/201206/stage.php
http://staging.nxtbook.com/nxtbooks/aogr/201205/stage.php
http://staging.nxtbook.com/nxtbooks/aogr/201204/stage.php
http://staging.nxtbook.com/nxtbooks/aogr/201203/stage.php
http://staging.nxtbook.com/nxtbooks/aogr/201202/stage.php
http://staging.nxtbook.com/nxtbooks/aogr/201201/stage.php
http://staging.nxtbook.com/nxtbooks/demo/aogr_clone/stage.php
http://staging.nxtbook.com/nxtbooks/aogr/201112/stage.php
https://www.nxtbookmedia.com