Reliance set for first broadband 3D survey

Vol 17, PW 4 (19 Sep 13) Exploration & Production
     

Reliance just might beat ONGC in the race to become the first company in India to shoot broadband 3D.

PETROWATCH learns Reliance wants to shoot 700-sq km broadband 3D at its eastern offshore deepwater block KG-D6, near its promising MJ-1 oil and gas discovery, announced in May and is talking to three seismic survey providers about the estimated $20m contract. Reliance received commercial and technical bids on September 2 from WesternGeco, CGGVeritas and PGS.

Reliance invited PGS for discussions on September 5, CGGVeritas on September 6 and WesternGeco on September 9. Still unclear is when Reliance will award the contract.

Its discussions with bidders focused on exceptions and deviations taken by each when responding to the tender. An industry source says Reliance wants the selected contractor to shoot and process 3D but Reliance will do interpretation itself at its Mumbai data centre.

“Reliance is a tough negotiator,” says a source. “It tries to play one bidder against another to get the best deal.

” Reliance wants this assignment completed before the 2014 monsoon season begins. “It will take two months to do the job using a minimum six streamer vessel,” we hear.

Broadband 3D has been around for half a dozen years but has never been used in India. It measures a larger spectrum of frequencies than standard 3D and removes shadows or 'ghosts' from the source, giving higher resolution images.

Reliance (60% and operator) shares KG-D6 with BP (30%) and Niko (10%).