The Danish North Sea holds a potential of 3 billion barrels of oil. Our latest GeoStreamer PURE results indicate where some of it may be found.
A recent report by Denmark’s oil and gas authority concluded that the Danish part of the North Sea holds a potential of 3 billion barrels of oil. This is almost the same amount as what has been produced the last 50 years in the Danish part of the North Sea (3,8 billion barrels).
The next Denmark licensing round, scheduled for later this year, will aim to identify new hydrocarbon potential to fulfill that ambition. The latest PGS GeoStreamer PURE data applies the latest advanced imaging technologies to dual-sensor broadband seismic data. The results have revealed new plays, which may hold the key to unlocking that new potential.
Central Graben Opportunity
The opportunity is not limited to Denmark. GeoStreamer PURE Central Graben is a vast dataset that spans Danish, UK and Norwegian territory, and the hydrocarbon bearing formations can be tracked across the boundaries.
About PGS
Petroleum Geo-Services ("PGS" or "the Company") is a focused Marine geophysical company that provides a broad range of seismic and reservoir services, including acquisition, imaging, interpretation, and field evaluation. The Company's MultiClient data library is among the largest in the seismic industry, with modern 3D coverage in all significant offshore hydrocarbon provinces of the world. The Company operates on a worldwide basis with headquarters in Oslo, Norway.