Statoil evaluates 2D seismic survey at Halmahera II PSC
Thursday, June 19 2014 - 01:31 PM WIB
Norwegian firm Statoil announced on Thursday that it had completed a 6,000 km 2D seismic survey at the Halmahera II exploration block offshore Maluku in July 2013, and has completed data processing during the second quarter of 2014.
The processed seismic data are now in the phase of advanced analysis and interpretation to evaluate hydrocarbon prospectivity of the area.
Statoil is the operator of the Halmahera II block, working under supervision and monitoring of SKK Migas. In this contract area, Statoil holds an 80 percent of working interest while Niko Resources holds the remaining 20 percent. The block covers more than 8,000 sq km in eastern Indonesia.
Editing by Johannes Simbolon