# Baron Oil 3D seismic reprocessing is a significant milestone in re-evaluation of the Chuditch trend

- Link: https://www.directorstalkinterviews.com/baron-oil-3d-seismic-reprocessing-is-a-significant-milestone-in-re-evaluation-of-the-chuditch-trend/4121037346
- Published: 2021-12-08T07:16:45+00:00
- Author: Giles

**Baron Oil Plc** (LON:BOIL), the AIM-quoted oil and gas exploration company, has
provided an update on its offshore Timor-Leste TL-SO-19-16 Production Sharing Contract.

**3D Seismic Reprocessing**

Baron’s Timor-Leste subsidiary SundaGas Banda Unipessoal, Lda., which holds a 75%
operating interest in the Chuditch PSC, has received interim products from the seismic
reprocessing of 1,270 km^(2) of 3D seismic data along the trend of the Chuditch-
1 gas discovery. The reprocessing work is being conducted by TGS-NOPEC Geophysical
Company ASA (“TGS”) at their UK processing centre, critically in close collaboration
with Baron’s technical team.

Processed to an interim Pre-Stack Depth Migration, these initial data are already
providing encouraging indications of improvement in the quality of subsurface imaging
around the Chuditch gas discovery and offset prospects, compared to the legacy data.
Interpretations from these interim data will now be used to feedback iteratively
into the final sophisticated seismic processing, which remains on schedule and budget,
with final data delivery to Baron during Q2 2022. The final processed version will
be critical in the re-evaluation of the Chuditch discovery and surrounding prospectivity,
in particular the evaluation of in-place volumes and the location of potential future
wells.

** Investor Webinar**

An Investor Webinar on the Chuditch asset is planned for January 2022. The presentation
is expected to include an updated technical overview and a discussion of the overall
commercial context of Chuditch, including potential gas export options. Details 
of the Webinar will be announced in due course and a copy of the presentation will
subsequently be posted on the Baron website.  

> **Jon Ford, Technical Director of Baron Oil commented:**
> “The delivery of the initial products from the 3D seismic reprocessing is a significant
> milestone in our re-evaluation of the Chuditch trend. To date, encouraging improvements
> have been observed in data quality which we are confident will lead to a substantially
> clearer subsurface image in the final reprocessed products.
> “In parallel, we continue with other studies which, when combined with the seismic
> reprocessing, will deliver a complete and high quality technical and commercial
> evaluation of this exciting asset during 2022.”

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