Regional Surveys

Regional Surveys identify RSDD-H prospectivity within larger basin, province or play districts.

What do they provide?

Tthey can provide a first-time look at major, unexplored or under-explored frontier basin settings where any evidence of hydrocarbon presence and of large prospects is a key driver towards establishing exploration activity either as a licensor or as a future licensee.The Survey Reports in this series place the observed RSDD-H prospectivity into the known or perceived regional petroleum geology context (where available) of the district and would normally be expected to provide useful early stage PI evidence that can lead-in /add to other first order exploration data sets such as aero-magnetics and gravity, field geochemistry and regional seismic. Such play generating /prospectivity validating encouragement can be vital to the creation of exploration value.

When are they most useful?

They form a useful basis for the creation and/or evaluation of new exploration initiatives versus existing proven hydrocarbon habitats and exploration licence tenures. Such early knowledge can often position explorers to high-grade areas for acreage acquisition under low-commitment technical evaluation agreements ("TEAs") prior to head to head bid-round competition or to the necessity of undertaking higher obligation licence expenditure work programmes before adequate prospectivity is built and/or play risk reduction has occurred.

Exclusivity?

These surveys are variably commissioned on a bespoke, exclusive or multi-client basis, or produced by Scotforth at sole risk on a proprietary basis in its ongoing search for appealing new exploration venues with perceived geological appeal for the discovery of new giant prospects in frontier exploration settings and of additional new prospects in proven play trends. From time to time such surveys are undertaken ahead of scheduled exploration licence rounds where it is expected that the designated blocks on offer may hold interest to a significant number of bidders but where the conventional exploration data sets are limited.