Results of Ramform Titan oil research by the end of 2019
The results of the second 3D offshore seismic survey, carried out by the Ramform Titan vessel of Norway’s Petroleum Geo-Services (PGS), a contractor of Energean, will be known by the end of 2019, Montenegro’s Hydrocarbon Agency told Dnevne Novine daily.
This Agency also told that the data is to be collected after the completion of the 3D seismic survey of the two offshore natural gas blocks (30 and 26), adding that the first results are to be expected between October and December 2019.
The Ramform Titan vessel began the survey on 10 February and completed it on Monday. The vessel was preparing for the survey in the period from 7 to 9 November.
The oil and gas research in the Montenegrin offshore blocks 30 and 26 has been defined by the concession agreement signed in March 2017.
The PGS is in charge of seismic data acquisition and processing.