Empyrean Energy has announced that a 3D seismic survey is under way on its 100% owned block 29/11, offshore China.
The block is approximately 1,800km2 and is situated approximately 200km SSE of Hong Kong in water depths ranging from 340-600m.
Empyrean has the right to conduct exploration under an agreement and a subsequent right to enter a pre-negotiated Production Sharing Contract with China National Offshore Oil Corporation (CNOOC).
China Oilfield Services Limited (COSL) is carrying out the survey, which will cover an area of approximately 580km2 and is expected to take approximately 40 days to shoot.
The data acquired will then be processed and interpreted, which will take approximately 90 days.
The survey will cover a number of leads and prospects that have previously been identified on 2D seismic by Ameco Corporation (now part of BP) and CNOOC on Block 29/11.
These include Jade and Topaz, two prospects which the company believes will benefit from the current 3D seismic programme.
Tom Kelly, Empyrean chief executive, said, “We are very excited to make further progress in collaboration with CNOOC on Block 29/11.
“The block has two material prospects, Jade and Topaz, mapped on good quality 2D seismic data and the 3D seismic survey which is now underway will hopefully enable Empyrean to mature these exciting prospects for drilling.”
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